Payroll Legislation

What Are The Zero-Rate Secondary Class 1 Contributions for Veterans?

Legislation

What Are The Zero-Rate Secondary Class 1 Contributions for Veterans?

Due Date

6 April 2021

Summary

HMRC have published draft legislation for the introduction of zero-rate secondary class 1 contributions for veterans in their first year of civilian employment.

Employers will be able claim a rebate of the secondary class 1 national insurance contributions for veterans from the 6th April 2021. A new NI category code available from 6th April 2022.

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…