Virgin Islands Employment Compensation Package
Description
How to fill out Employment Compensation Package?
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FAQ
The U.S. Virgin Islands has had an outstanding federal UI loan balance since 2009, therefore, for 2022 the U.S. Virgin Islands will pay a net FUTA rate of 4.2%, composed of a FUTA credit reduction rate of 3.6% and the 0.6% minimum FUTA tax rate.
Virgin Islands (U.S.) unemployment rate for 2022 was 12.38%, a 0.79% decline from 2021.
The Maximum Weekly Benefit Amount (MWBA) in the Virgin Islands for the benefit year beginning January 1, 2022, is $642.00 and the Taxable Wage Base (TWB) for employer contributions is $30,800.00.
As of July 2023, the unemployment rate for the Virgin Islands is 3.7%, capturing a 0.2% decrease from June 2023 and a decrease of 1.1% from July 2022.
Contact Us To file a UI claim online, visit .