LOGIN Request a call

← BLOG  |  EMPLOYMENT LAW UPDATES  |  NEWS

Ohio Withholding Tables Revised for Use Starting July 1

04 Jul

Share
Update Applicable to:Effective date
All covered employersJuly 1, 2024


What happened?

The Ohio Department of Taxation has issued new employer withholding tables for payrolls that end on or after July 1, 2024.


What are the details?

The updated employer withholding tables can be found on the Employer Withholding Tax webpage. There are a variety of methods and tables available for calculating withholding, including percentage and optional computer methods, as well as daily, weekly, biweekly, semi-monthly, and monthly tables.


Business Considerations

  • Employers should review and familiarize themselves with the changes and how they might impact their business.
  • Employers should update their payroll systems, making sure the payroll systems or service providers incorporate the new withholding rates to ensure the correct tax amount is withheld from employees’ paychecks.
  • Employers should consider communicating with their employees because keeping them informed is a good practice.
  • Employers should consult a tax professional if unsure.
  • Employers should stay informed about future changes and regularly check the Ohio Department of Taxation’s website or subscribe to their updates to stay informed.


Source References

Need help understanding how changes to employment laws will affect your business?

Learn more about how Vensure's Ohio PEO services can help you navigate complex employment laws and keep your business compliant.


This communication is intended solely for the purpose of conveying information. The present post might incorporate hyperlinks directing readers to websites managed by third-party entities. The inclusion of any links within this communication is meant to serve as points of reference and could encompass opinion articles from various law firms, articles from HR associations, official websites, news releases, and documents of government agencies, and other relevant third-party sources. Vensure has no authority over these external websites and bears no responsibility for their content. Furthermore, Vensure does not endorse the materials present on these websites. The contents of this communication should not be interpreted as legal advice or as a legal standpoint concerning specific facts or scenarios. Nor should it be deemed an exhaustive compilation of facts potentially pertinent to federal, state, or local laws. It is strongly advised that employers solicit legal guidance from an employment attorney when undertaking actions in response to any legal updates provided. This is due to the possibility of future alterations occurring in federal, state, and local laws, regulations, as well as the directives and guidelines issued by governing agencies. These changes may transpire at any given time, potentially rendering certain portions of the content within this update void or inaccurate.

Keep Your Business Compliant

Fill out the form below to receive monthly Employment Law Updates right in your inbox.

Keep Your Business Compliant

Fill out the form below to receive monthly Employment Law Updates right in your inbox.

Amazing!

You're all set.

Thanks for subscribing. Be on the look out for the Legal HR updates in your email.

Tracking Convertion image