Vermont Unemployment Compensation laws & HR compliance analysis

Vermont Unemployment Compensation: What you need to know

Virtually all employers are covered by the Vermont Unemployment Compensation Law (VT Stat. Tit. 21 Sec. 1301 et seq.) and are therefore subject to the state unemployment insurance tax. Covered employers include:
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• Employers that employed at least one person for some portion of a day in each of 20 different weeks in the current or preceding calendar year or paid $1,500 in wages in any quarter;
• Anyone who acquired a business of a covered employer;
• Agricultural employers that, in the current or preceding calendar year, either paid $20,000 for such labor in any quarter or employed 10 or more people in each of 20 different weeks;
• Employers of domestic workers if they paid $1,000 or more in any quarter in the current or preceding calendar year;
• State and local government;
• Nonprofit employers that had at least four employees working on the same day in 20 different weeks during the current or preceding calendar year;
• Employers subject to the Federal Unemployment Tax Act (FUTA); and
• Employers that voluntarily elect to provide coverage for employees (VT Stat. Tit. 21 Sec. 1301).
The law excludes certain services from coverage, including, for example, services provided by:
• Students working for schools, colleges, or universities;
• Students working for work-study programs;
• Spouses of students working for the school;
• Real estate and insurance salespersons;
• Licensed salespersons, agents, or solicitors paid by commission;
• Direct sellers of consumer products and services paid solely by commission;
• Casual laborers;
• Part-time workers for nonprofit entities; and
• Full-time students employed in certain conditions for an organized camp (VT Stat. Tit. 21 Sec. 1301).
Taxable ...

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