Show n Employers Save B By Y Filing Tax Returns By February According to the IndU Industrial trial Commission Commission Commission Com Com- mission of Utah Department of Employment Security employers in inthe inthe inthe the State of Utah have been saved approximately in contributions contributions contributions con con- since July 1 1947 These reductions were made possible through adoption of a tax-saving tax formula which was written in the Employment Security Act Employers Employers Employers Em Em- who desire to continue to participate in this saving must file all quarterly contribution reports and pa pay all contributions owing by bythe bythe bythe the of February 1950 Although it is not presently known what the 1950 schedule of rates will be the 1949 schedule was 8 8 per cent for employers in Class 1 9 per cent in Class 2 11 per percent percent percent cent in Class 3 13 per cent in Class 4 and 14 per cent in class 5 In order to be included in the which rate i reduction computation classifies the employer he must have been subject to the Employment Employment Employment Employ Employ- ment Security Act for the three preceding calendar years If he meets this qualification a computation computation computation compu compu- tation is then made of the quarterly quarterly quarterly terly and annual variations of his payroll during the preceding three years Based on data thus obtained he is placed in one of the above classifications E Ern m Security officials point out that if the quarterly contribution contribution con- con reports have not been filed and all aU contributions paid by February 15 then wage history is not available and cannot be used for determining the individual employers employer's employers employer's employers employer's em em- rate Likewise it is not available in making the master computation which determines the reduced rate for or all aU employers Employers who have haye not been I subject to the Act for three years pay 27 percent However employers employers employers em em- who wh have been subject during a longer period will pay the fu fuU contribution rate of 27 per cent if all aU reports and contributions contributions contributions contri contri- are not in by February 15 It H is therefore very worth while financially for the employer to see that all reports are filed by February February February Feb Feb- 15 and that all contributions have also been paid by y that date |