Florida’s Reemployment Tax Rate Remains at Lowest Possible Rate

TALLAHASSEE, Fla. – Today, the Florida Department of Revenue announced that approximately 65% of Florida’s employers will continue to pay the lowest possible rate for reemployment taxes in 2026. This is the eleventh consecutive year employers are benefiting from the low rate of 0.1 percent. Those contributions go toward a program that helps Florida's job seekers become reemployed. Florida’s job growth rate outpaces the national average, which has allowed the state to maintain the minimum reemployment tax rate for businesses.

"Eleven years of the lowest possible reemployment tax rate is a testimony to the strength of Florida’s workforce and economy," said Florida Department of Revenue Executive Director Jim Zingale. "This low tax rate gives employers greater freedom to grow their businesses."

“Under Governor DeSantis’ leadership, Florida has maintained the lowest possible reemployment tax rate,” said Florida Secretary of Commerce J. Alex Kelly. “Florida businesses directly benefit from this stable and predictable tax environment because it allows employers to reinvest more capital into growth, innovation and workforce development. Advancing our low-tax and business friendly climate is critical to remaining competitive in our target industries and ultimately supporting Florida’s job seekers and job creators.”

Employers pay a percentage only on the first $7,000 of wages paid to each employee. Florida is one of only four states with a $7,000 wage base; all remaining states have a higher wage base. Employers with stable employment receive the lowest rate. Reemployment taxes, or payroll taxes, fund Florida's Reemployment Assistance Trust Fund. This fund currently has a balance of more than $4.8 billion.

More information about the reemployment assistance tax rate is available here.