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Article

3 min read

Your Ultimate Guide to New Hampshire Payroll

US Payroll

Author

Gabriele Culot

Published

July 27, 2023

Last Update

June 28, 2024

Table of Contents

Paying unemployment insurance

Withholding personal income tax from your New Hampshire employee

Paying your New Hampshire workers’ compensation

Simplify US payroll tax compliance with Deel

Key takeaways
  1. New Hampshire employers need to consider various payments and withholdings to be compliant with state regulations.
  2. Key considerations include unemployment insurance and workers’ compensation, among other payments.
  3. Deel’s comprehensive payroll management solution makes it easy to manage US and international payroll from a centralized platform.

Not only do employers have the task of managing a workforce and growing a business, but they also have to navigate a variety of regulations and requirements to ensure proper payroll withholding in each US state. 

If you’re an employer in New Hampshire, this guide serves as an introduction to what you need to pay and withhold from payroll in New Hampshire. These payments include unemployment insurance, personal income tax, and workers’ compensation. 

Paying unemployment insurance

Among the employer payroll taxes to consider are federal taxes such as Medicare and Social Security, as well as unemployment insurance. Also known as UI, unemployment insurance is a federal-state program jointly financed through federal and state employer payroll taxes. 

As with other states, unemployment insurance in New Hampshire is administered by the US Department of Labor and provides financial assistance to eligible individuals who have involuntarily lost their jobs and are actively seeking new employment. 

Employers in New Hampshire can pay unemployment insurance through an online portal. Need more information? Visit the New Hampshire Employment Security website

Withholding personal income tax from your New Hampshire employee

Unlike the majority of states in the US, New Hampshire does not have any personal income tax. Therefore, you do not have to withhold any personal income tax after hiring your first employee in the state.

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Paying your New Hampshire workers’ compensation

Workers’ compensation is another payment to consider, and it is required for all employers who have employees in New Hampshire, even if there is only one employee in the state. 

The payment is a type of insurance that provides wage replacement and medical benefits to employees who suffer job-related injuries or illnesses. It also protects the employer against certain liabilities. 

Workers’ compensation in New Hampshire can be purchased from a qualified commercial carrier, a list of which can be found on the New Hampshire Department of Labor’s website. When making your choice of carrier, be sure that your workers’ compensation insurance is compliant with the state’s regulations for workers’ compensation.

Simplify US payroll tax compliance with Deel

As a starting point, this guide provides essential information on New Hampshire payroll taxes, payroll compliance, and state requirements. However, there is a lot more information that extends beyond what is covered above. Deel offers a streamlined solution for managing payroll and compliance, making it easy for companies hiring employees across state lines. 

Discover our comprehensive solution for managing US and international payroll and request a demo with Deel today!

Disclaimer: This article is provided for general informational purposes and should not be treated as legal or tax advice. Consult a professional before proceeding.

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