Click for Philadelphia, Pennsylvania Forecast
HOME ISSUE

CALENDAR

BETWEEN ISSUES ARCHIVE DEADLINES CONTACT US
 
 
Print This Issue
Front Page
Contents
Crimes
Directory
All About Teaching
Subscribe to E-Alamanc!
Staffbox
Guidelines
 

 

Payroll Tax Changes for 2005

Please be advised that the following tax rates and limits have changed for calendar year 2005.

  • Social Security taxable wage base increased to $90,000 
    (up from 87,900 in 2004)
  • Social Security Tax maximum withholding increased to $5,580.00
    (up from $5,449.80 in 2004)
  • Philadelphia City Wage Tax for Residents–reduced to 4.331%
    (down from 4.4625% in 2004)
  • Philadelphia City Wage Tax Non-Residents–reduced to 3.8197%
    (down from 3.8801% in 2004)

The new tax rates are effective for all payroll checks dated on or after January 1, 2005.

If you have any questions please contact the payroll office by phone at (215) 898-6301 or by e-mail at Payroll@pobox.upenn.edu.

—Payroll Office

 

 



 
  Almanac, Vol. 51, No. 20, February 8, 2005

ISSUE HIGHLIGHTS:

Tuesday,
February 8, 2005
Volume 51 Number 20
www.upenn.edu/almanac

 

top of page
Back to Contents page
HOME ISSUE CALENDAR BETWEEN ISSUES ARCHIVE DEADLINES CONTACT US