EMPLOYERS’ NICS IN RELATION TO EX-MILITARY STAFF

Ryan Mackie

EMPLOYERS’ NICS IN RELATION TO EX-MILITARY STAFF


Last year the Government announced a one-year exemption from paying employers national insurance contributions (NICs) where military veterans are recruited by civilian employers. Employers can claim relief from employer NICs for the first 12 months of the veteran’s first civilian job after they leave the military. For 2021/22 employers had to initially pay the employers NICs and can now claim back the amounts paid. From 6 April 2022, a new zero NIC rate will apply in these circumstances, and employers should use NIC letter V.