Treasury Widens Paid-Leave Tax Credit To Promote Vaccinations

(from Society of Human Resources Management) Employers with fewer than 500 employees can now claim tax credits based on the wages of employees who take time off to help family or household members, or others who look to the employee for caregiving help, to get vaccinated for COVID-19. Eligible employers can claim tax credits equal to the wages paid for providing paid time off to employees under the program. Employees can receive two-thirds of their regular rate of pay for 10 days.

More from the Society of Human Resources Management