Virginia Payroll & Paycheck Tax Calculator
Managing payroll in the Old Dominion shouldn't feel like navigating the Beltway during rush hour. From Virginia Beach to the Blue Ridge Mountains, our Virginia Payroll Tax Calculator makes calculating employee withholdings straightforward and stress-free. Handle state income tax, unemployment insurance, and federal requirements with confidence—all in one easy-to-use tool.
Virginia Payroll Tax Steps
Virginia’s progressive tax system and business-friendly approach make it relatively simple compared to neighboring states, but accuracy still counts. Our calculator helps you navigate Virginia’s payroll requirements without the hassle, ensuring precise calculations from Richmond to Roanoke. Skip the guesswork and get compliant paychecks every time.
Here are some key steps you’ll have to take to make smarter payroll decisions.
Step #1: Register with Virginia Tax and the Virginia Employment Commission
Before hiring your first Virginia employee, you'll need to register with Virginia Tax for your withholding account and the Virginia Employment Commission (VEC) for unemployment insurance. Both agencies offer online registration, making the process as smooth as Virginia ham. You'll receive separate account numbers for tax withholding and unemployment insurance.
New employers pay 2.5% unemployment tax on the first $8,000 of each employee's wages—plus an additional 0.1% for the Fund Builder Tax.
Step #2: Handle Virginia's Streamlined Form Requirements
Step #3: Know Virginia's Minimum Wage and Overtime Rules
Step #4: Meet Virginia's Pay Period Requirements
Step #5: Use our Simple Virginia Payroll Calculator
Step #6: Submit Taxes and File Virginia Payroll Reports
Fingercheck and any related entities do not offer tax, accounting, or legal advice. This content is designed for informational purposes only and should not be considered a source of tax, legal, or accounting advice. It is recommended that you consult your tax, legal, and accounting advisors before undertaking any related activities or transactions.