Payroll Legislation

New National Insurance Categories for 2022-23 (Freeport workers and Veterans)

Legislation

New National Insurance Categories for 2022-23 (Freeport workers and Veterans)

Due Date

Effective 6 April 2022

Summary

Freeport workers

• F – Freeport standard category letter
• I – Freeport married women & widows entitled to pay reduced NICs
• S – Freeport employees over the state pension age
• L – Freeport employees who can defer paying 12% NICs and pay only 2% because they are already paying it in another job

 

Veterans

• V – Veterans standard category letter

Payroll Legislation Guide

Do you know the dates of all the complex payroll legislation changes? Are you aware of what you need to do to ensure your business is compliant? Many UK businesses aren’t aware…