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| Home  | Payroll/Tax  | State Updates | New Mexico
New Mexico
2008 Withholding Changes

Effective 1/1/2008, New Mexico issued new withholding tables. For more information, please link to the following: http://www.ultimatesoftware.com/compliance/documents/FYI-104__NEW-MEXICO-WITHHOLDING-TAX-Jan-2008.pdf

2008 Minimum Wage Change

Effective July 24, 2008, the minimum wage rate for New Mexico increased from $6.50 to $6.55 with a tip credit changing from $4.37 to $4.42.
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Note: The information presented on this Web site is an overview of various compliance issues. Ultimate Software makes no guarantees as to the completeness or accuracy of the summarized requirements. This site in no way suggests or offers any guidance or legal advice and should not be construed as such. If you need legal advice in relation to compliance violations, please consult your attorney.