Topics:
May 4, 2022 Last Edit: June 5, 2025
Small Businesses Will Start Saving Money Almost Immediately
Minnesota Legislature Finally Signs off on UI Tax Relief
- $2.73 billion to pay off debt owed to the federal government and refill UI system reserves
- 2022 Base Tax Rate reduced from 0.50% to 0.10%
- 2022 Additional Assessment changed from 14.00% to 0.00%
- 2022 Special Assessment (Federal Interest Loan Assessment) changed from 1.80% to 0.00%
- You should still file and pay your first quarter taxes at the “pre-deal” rate (were due April 30, 2022).
- You will receive a credit for excess first quarter payments. In 1-2 weeks, the state will recalculate your updated payment amount and apply a credit to your account. The credit can be used toward the next quarter’s UI taxes.
- You can request a refund of the excess first quarter payments in lieu of the credit. It will take 2-3 months for the state to issue a refund check.
State:
Get to know NFIB
NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.
Related Articles

September 2, 2025
Congressman Randy Weber Addresses Small Business Community in G…
NFIB thanks Rep. Weber for standing up for Main Street by making the 20% Sm…
Read More

September 2, 2025
Tuscaloosa, Mountain Brook Sue State Over Online Tax Collection…
NFIB is following the case, which could affect small businesses statewide.
Read More

September 2, 2025
NFIB Launches Small Business Deduction Thank You Ads for Lawmak…
NFIB launches digital, billboard, and radio ads in key states thanking lawm…
Read More

September 2, 2025
Minnesota Paid Leave Mandate: What Employers Need to Know (Vol….
Despite efforts to make common sense modifications to the Minnesota PFML ma…
Read More