Starting July 1, a new tax related to child care will appear on Vermont employees’ pay stubs. Employers will pay a 0.44% payroll tax on wages, with the option to withhold a quarter of that amount from employees. Self-employed individuals in Vermont will pay a 0.11% tax on their self-employed income. These measures were introduced under Act 76, passed in 2023 to address the state’s child care challenges.
https://www.wcax.com/2024/06/28/child-care-contribution-tax-begins-july-1
