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New Child Care Contribution Vermont Effective 01-JUl-2024

in Payroll and OTL - EBS (MOSC) 23 commentsAnswered ✓

Act 76 of 2023, relating to childcare and early childhood education, tasks the Department of Taxes with the implementation and administration of a new Child Care Contribution (CCC), composed of a 0.44% payroll tax on wages and a 0.11% tax on self-employment income. Collection of the CCC shall begin on July 1, 2024.

Just wanted to ask, are we going to get a patch for the above?

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