August 6, 2015 STAFF/STU

Attention Employees: Ohio Tax Rate Change

The Ohio Department of Taxation has issued new employer withholding tables to be used for payrolls that end on or after August 1, 2015.

The new tables take into consideration the income tax rate reductions that went into effect when The Budget Bill was signed into law on June 30, 2015. The tables reflect a 3.1% reduction in the withholding rates previously in effect for 2014.

If you have any questions regarding the new withholding tables, please visit www.tax.ohio.gov.