Payroll Services

Welcome to Payroll Services at The University of Texas at Austin! We are a team of payroll professionals dedicated to serving the university community. Our primary goal is to provide timely and accurate payroll services while ensuring compliance with all applicable laws and policies. Additional responsibilities of Payroll Services include federal and state reporting, administering and remitting employee deductions and employer contributions, taxable fringe benefits administration, departmental fringe assessments, retiree insurance billing, and nonresident alien taxation.

We hope the information on our Web site is useful, and that you will visit frequently. Feel free to contact us if you have questions or ideas that would help us serve you better.

The University of Texas at Austin Mission

 

*NEWS AND SPOTLIGHTS*

Reduced Social Security Tax Rate Extended through 2012
On Feb. 17, Congress passed the Tax Relief Act of 2012, extending the 2% Social Security tax cut for employees through the end of the year. The combined Social Security (4.2%) and Medicare (1.45%) rate will remain 5.65% for wages up to the Social Security wage limit of $110,100. Prior to passage of this act, many employees were impacted by the late two-month temporary extension of the reduced Social Security rate just before the university closed for the winter holidays. As a result, most employees received a refund of the over-withheld Social Security taxes on their next paycheck, either later in January or February. Due to these rate changes, the March 1 paycheck will be the first of 2012 for many monthly-paid employees with a Social Security deduction totaling 5.65%.

 

Archived News/Spotlights

 

 

 

*Note: Information on the Payroll Services web site in PDF format is best viewed with Adobe Acrobat Reader 6.0 or later. Earlier versions may result in incomplete rendering of information. A free update of Adobe Acrobat Reader may be obtained from Adobe.