By Payroll and Entitlements Editorial Staff
Beginning July 1, 2019, Philadelphia will reduce the rate of the:
- wage tax;
- earnings tax;
- net profits tax; and
- school income tax.
All paychecks issued after June 30, 2019 must reflect the new rates.
Reduced rates. The new rate for the wage tax, earnings tax, and net profits tax is:
- 3.8712% (previously 3.8809%) for residents; and
- 3.4481% (previously 3.4567%) for nonresidents.
The new rate for the school income tax is:
- 3.8712% (previously 3.8809%) for residents.
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