Virginia Administrative Code
Title 16 - LABOR AND EMPLOYMENT
Agency 5 - VIRGINIA EMPLOYMENT COMMISSION
Chapter 42 - COMBINED EMPLOYER ACCOUNTS
Section 16VAC5-42-10 - Group accounts for employers
Current through Register Vol. 41, No. 3, September 23, 2024
A. All applications for the establishment of a group account pursuant to the provisions of § 60.2-505 of the Code of Virginia shall show:
B. Approval of an application for a group account shall be contingent upon the active employing unit account of each proposed member being currently paid.
C. A group account shall:
D. An active employing unit which is a member of a continuing group account may withdraw from such group account effective January 1, or other date at the discretion of the commission, according to the following provisions:
E. An active employer may be added to an existing authorized group account provided that the authorized representative submits an amended application to the commission for approval 30 days prior to the effective date. (Effective January 1, or other date at the discretion of the commission.)
F. Initial responsibility to the commission for payment of the quarterly cumulative billing shall rest with the authorized representative of the group account; however, if he does not meet that responsibility within 30 days from the date the billing was mailed to him by the commission, each member of the group shall be liable for payments in lieu of taxes in accordance with § 60.2-505 of the Code of Virginia.
G. Past due or unpaid amounts in lieu of taxes by a group account are subject to the same interest, penalty, assessment, or other collection provisions of the Act as apply to employer taxes pursuant to §§ 60.2-513 and 60.2-519 through 60.2-524 of the Code of Virginia. Although responsibility for payment of the group account to the commission shall rest with the authorized representative of the group account, each member of the group account continues to be legally liable for his part of the group account until it is paid.
H. The representative shall file, within 30 days after the end of each calendar quarter, the wage reports of each member of the group on forms furnished by the commission; however, failure to furnish such forms shall not relieve the representative from filing such reports.
I. The commission shall issue a quarterly billing for each group account with respect to the combined benefit charges of all members of the group and shall mail such billing to the last known address of the authorized representative of the group.
Statutory Authority
§ 60.2-111 of the Code of Virginia.