Payroll Vermont, Unique Aspects Of Vermont Payroll Law And Practice
Payroll Vermont, Unique Aspects Of Vermont Payroll Law And Practice

BThe Vermont State Agency That Oversees The Collection And Reporting Of State Income Taxes Deducted From Payroll Checks Is:bDepartment Of Taxes109 State StreetMontpelier, VT 05609-1401(802) 828-2551http:vermont.govVermont Allows You To Use The "W-4VT, Vermont Employee Withholding Allowance Certificate" Form To Calculate State Income Tax Withholding Or Federal W4 Form. Not All States Allow Salary Reductions Made Under Section 125 Cafeteria Plans Or 401(k) To Be Treated In The Same Manner As The IRS Code Allows. In Vermont Cafeteria Plans Are Not Taxable For Income Tax Calculation; Taxable For Unemployment Insurance Purposes. 401(k) Plan Deferrals Are Not Taxable For Income Taxes; Taxable For Unemployment Purposes.In Vermont Supplemental Wages Are Taxed At A 7.2 Flat Rate.Magnetic Media Reporting Of W-2s Is Not Allowed In Vermont. BThe Vermont State Unemployment Insurance Agency Is:bDepartment Of Employment And Training5 Green Mountain Dr.P.O. Box 488Montpelier, VT 05601-0488(802) 828-4344(877) 214-3331www.det.state.vt.usThe State Of Vermont Taxable Wage Base For Unemployment Purposes Is Wages Up To 8000.00. Vermont Has Optional Reporting Of Quarterly Wages On Magnetic Media.Unemployment Records Must Be Retained In Vermont For A Minimum Period Of Six Years. This Information Generally Includes: Name; Social Security Number; Dates Of Hire, Rehire And Termination; Wages By Period; Payroll Pay Periods And Pay Dates; Date And Circumstances Of Termination.bThe Vermont State Agency Charged With Enforcing The State Wage And Hour Laws Is:bDepartment Of Labor And IndustryWage And Hour DivisionNational Life Bldg., Drawer 20Montpelier, VT 05620-3401(802) 828-2157http:www.labor.vermont.govThe Minimum Wage In Vermont Is 7.00 Per Hour.The General Provision In Vermont Concerning Paying Overtime In A Non-FLSA Covered Employer Is One And One Half Times Regular Rate After 40-hour Week. Vermont State New Hire Reporting Requirements Are That Every Employer Must Report Every New Hire And Rehire. The Employer Must Report The Federally Required Elements Of:ulliEmployee's NameliliEmployee's AddressliliEmployee's Social Security NumberliliEmployer's NameliliEmployers AddressliliEmployer's Federal Employer Identification Number (EIN) LiulThis Information Must Be Reported Within 20 Days Of The Hiring Or Rehiring.The Information Can Be Sent As A W4 Or Equivalent By Mail, Fax Or Electronically.There Is A 500 Penalty For Conspiracy In Vermont.The Vermont New Hire-reporting Agency Can Be Reached At 800-786-3214 Or 802-241-2194 Or On The Web At Http:jobs.utah.govnewhireVermont Does Not Allow Compulsory Direct Deposit Vermont Requires The Following Information On An Employee's Pay Stub:ulliGross And Net Earningslilistraight Time And Overtime Paylilihours Workedliliitemized DeductionsliulVermont Requires That Employee Be Paid No Less Often Than Weekly; Biweekly Or Semimonthly If Employer Gives Notice.Vermont Requires That The Lag Time Between The End Of The Pay Period And The Payment Of Wages To The Employee Not Exceed Six Days; 13 Under Union Contract.Vermont Payroll Law Requires That Involuntarily Terminated Employees Must Be Paid Their Final Pay With In 3 Working Days And That Voluntarily Terminated Employees Must Be Paid Their Final Pay By The Next Regular Payday; If There Is None, Next Friday. There Is No Provision In Vermont Law Concerning Paying Deceased Employees.Escheat Laws In Vermont Require That Unclaimed Wages Be Paid Over To The State After Two Years. There Is No Provision In Vermont Law Concerning Record Retention Of Abandoned Wage Records.Vermont Payroll Law Mandates No More Than 3.35 May Be Used As A Tip Credit.In Vermont The Payroll Laws Covering Mandatory Rest Or Meal Breaks Are Only That All Employees Be Given A Reasonable Opportunity To Eat And Use Toilet Facilities.There Is No Provision In Vermont Law Concerning Record Retention Of Wage And Hour Records Therefor It Is Probably Wise To Follow FLSA Guidelines.bThe Vermont Agency Charged With Enforcing Child Support Orders And Laws Is:bOffice Of Child SupportAgency Of Human Services103 S. Main St.Waterbury, VT 05671-1901(800) 786-3214www.ocs.state.vt.usVermont Has The Following Provisions For Child Support Deductions:ulliWhen To Start Withholding? B10 Days After Receipt Of Order Or Next Payday.libliWhen To Send Payment? BWithin 7 Days Of Payday.libliWhen To Send Termination Notice? BWithin 10 Days Of Termination.libliMaximum Administrative Fee? B5 Per Month.libliWithholding Limits? BFederal Rules Under CCPA.libulPlease Note That This Article Is Not Updated For Changes That Can And Will Happen From Time To Time.