Answer: Yes, the maximum amount any individual will be responsible for is $75.00 per year if their net profit income is $15,000.00.
Question: What is the percentage rate to withold on employees wages?
Answer: The percentage rate is 1/2 of 1% up to $15,000.00 in wages OR wages X .005. Example: $12,200 in wages X .005 = $61.00 due
Question: Who has to pay these fees?
Answer: Anyone earning wages in Nelson County that are subject to the FICA fees.
Question: Do I pay annually, quarterly, or monthly on my employees?
Answer: 50 or more employees - Pay monthly 5 to 49 employees - Pay quarterly Less than 5 employees - Pay annually
Question: If I run a business should I use my business name or personal name on correspondence sent to your office?
Answer: We will need both names. Your returns should be filed using your business name, but you should also indicate your personal ownership. Please use your business name on letters and we will refer to the signature for your personal.
Question: Why does the county impose this fee?
Answer: Funds received for the occupational license tax help pay for ambulance service in the county areas, road improvements, recreation programs, economic development, and airport projects.