Revenue Announces Threshold Updates Under the Delaware Competes Act
The Division of Revenue today announced the annual adjustments to filing thresholds for small businesses and employers under the Delaware Competes Act.
This notification is part of the Division of Revenue’s annual notification process, in which businesses and employers receive updates regarding their filing responsibilities for the upcoming year. The Delaware Competes Act mandates that thresholds are subject to an annual inflation adjustment, meaning that the thresholds’ future effectiveness will not erode over time.
New threshold information can be found by visiting the Division of Revenue web site at https://de.gov/threshold.