Once that amount is earned, neither the employee or the employer owes any social security tax. The Medicare tax rate is 2.9% for the employee and the employer. You will withhold 1.45% of an employee's wages and pay a matching amount for Medicare tax. There is no wage base for the Medicare portion of the FICA tax. Both the employer and the employee continue to pay Medicare tax, no matter how much is earned.
For guests age 62 or older, Carowinds does offer a discount ticket for $37.99. Junior Discount. The junior ticket doesn't go by age, but goes by height. If a guest is under 48 tall in shoes, they can get a ticket for $37.99.
MPs allowances; Mailbag. Already the Breeders' Cup offers a 'win and you're in' incentive for the Irish Champion Stakes, paying the $90,000 entry fee to the Breeders' Cup Turf for the winner together with a $20,000 travel allowance. We want an agreement to phase out the lease cars and reduce the travel allowance to HMRC rates of 45p. It has also been observed that the funds allocated for Petrol, travel allowance, stationary, vehicles and other Physical assets are being used for other Purposes in ministries and division, sources said.