The information on this page is a general overview of UI tax rates. For an overview of unemployment insurance tax, reference the Tax Rate Information section of the Employer Handbook. Tax rate information specific to your employer account can be viewed online by logging in to your employer account using the Employer Self-Service System available at www.uimn.org

2012 Unemployment Insurance Tax Rate Notices were sent out by U.S. Mail to Minnesota employers December 15, 2011. Step-by-step instructions to view your 2012 tax rate notice or tax rate history (this information includes your tax rate for 2012) is available in the Employer User Guide.

Overview of 2012 Tax Rates

Taxable Wage & Rate Information

• $28,000 – the annual taxable wage base for 2012 (the first $28,000 of gross wages paid to each employee in covered employment is subject to UI tax in 2012)
• 0.50% - the base tax rate
• 3.03% - New employer tax rate for non-high experience rating industries (includes base tax rate)
• 9.40% - New employer tax rate for high experience rating industries (includes base tax rate)
• 9.40% - Maximum tax rate (maximum experience rating + base tax rate)

For total cost roll-up factors, see 4-Year Tax Rate History .

Additional Assessments for 2012

• Additional Assessment – 14.00% of tax due
• Federal Loan Interest Assessment – 0.50% of the sum of the quarterly tax due and the additional assessment
• Workforce Development Assessment – 0.10% of taxable wages

When you submit your wage detail report each quarter, the total amount due will be calculated as follows:

Quarterly UI Tax + Additional Assessment + Federal Loan Interest Assessment + Workforce Development Assessment = Amount Due (see example of Quarterly Total Amount Calculated )

Related Links:

• 2011 Tax Rate Information
• 4-Year Tax Rate History
• FAQs: UI Tax Rates
• Quarterly Total Amount Calculated 
  • Detailed version of 2012 Quarterly Total Amount Calculated
• Quarterly UI Wage Report and Tax Payment Due Dates
• Process Tax Rate Buydown (Self-Service User Guide)