Magee Gammon News No employers NICs for a year if you hire ex-military staff

No employers NICs for a year if you hire ex-military staff

The Government have announced a one-year exemption from paying employers national insurance contributions (NICs) where military veterans are recruited by civilian employers.

Employers can claim relief if they employ a veteran during the qualifying period. The qualifying period starts on the first day of the veteranā€™s first civilian job since leaving the regular armed forces and ends 12 months later.

For 2021/22 employers will be required to pay the NICs and then claim back the amounts paid at the end of the tax year. From 6 April 2022 a new zero NIC rate will apply

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