The Commission, by December 31 every year, shall provide every covered employer with a statement of the employer’s benefit charges and taxes for the preceding fiscal year. For any period in which benefit charges are not available, benefit charges shall be calculated as provided in § 60.2-530.

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Terms Used In Virginia Code 60.2-525

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.

1981, c. 606, § 60.1-40.1; 1986, c. 480; 2003, c. 382.