seattle payroll tax reddit

Long-term Seattle expects to spend 62 of the tax revenue on affordable housing and. 198k members in the SeattleWA community.

Oc My Husband And My Income Budgeting For 2021 In Seattle Area R Dataisbeautiful

17 votes 25 comments.

. The payroll expense tax is a tax on employers that have Seattle annual payroll expense of 7386494 or more. News current events in around Seattle Washington USA. Seattle began collecting the tax in January 2021 and the final tally of 2481 million was significantly more than the 200 million the tax was expected to raise.

The seattle payroll tax is measured by the payroll expense of the business times a rate that varies based on the businesss total seattle payroll expenses and the compensation. 07 of annual salaries between 150000-399999. What Seattles new payroll tax says about.

Press question mark to learn the rest of the keyboard shortcuts. The City of Seattle will spend 97 million in funds created through its payroll tax on high-income earners on 1769 units of affordable housing. The payroll expense tax is a tax on employers that have Seattle annual payroll expense of 7386494 or more.

Employers with annual payroll expenses of more than 1 billion per year. 255k members in the SeattleWA community. 35 votes 27 comments.

The Bellevue Washington Community Bellevue Washington news events All discussions should be respectful. 194k members in the SeattleWA community. Make Your Payroll Effortless Online.

The payroll expense tax is levied upon businesses not individual. RSeattleWA is the active Reddit community for Seattle Washington and the Puget Sound area. The payroll expense tax is.

17 of annual salaries exceeding 400000. The payroll expense tax is due quarterly from businesses that had at least 7386494 in Seattle payroll for the 2021 calendar year and at least one employee in Seattle who was paid 158282. 07 of annual salaries between 150000-399999.

Log In Sign Up. Login using your SU credentials. For all periods from January 1 2021 through December 31 2040 a payroll expense tax is imposed on persons 2 engaging in business within Seattle.

One explanation that makes sense to me assuming the legislators in WA that voted for this bill have the reading and writing comprehension of a 3rd grader was that they thought they would. 17 of annual salaries exceeding 400000. RSeattleWA is the active Reddit community for Seattle Washington and the Puget.

57k members in the BellevueWA community. 2 votes and 1 comment so far on Reddit. The Seattle Washington sales tax is 1000 consisting of 650 Washington state sales tax and 350 Seattle local sales taxesThe local sales tax consists of a 360 city sales tax.

RSeattleWA is the active Reddit community for Seattle. There is a separate tier for companies with annual payroll expenses of more than 1. The payroll expense tax is a tax on employers that have Seattle annual payroll expense of 7386494 or more.

Detailed instructions are also available as a PDF on the Payroll Resources list. No tax for employees. The payroll expense tax is levied upon businesses not individual.

The Seattle City Council estimates the tax will raise more than 214 million each year.

Wa House Approves Delaying Payroll Tax For Wa Cares Until July 2023 R Seattlewa