Reminder: CIPP Survey: Employer’s National Insurance Contributions holiday for businesses employing veterans
11 September 2020
HMRC is currently running a consultation, which aims to seek clarity on a number of details relating to the new employer National Insurance (NI) contributions holiday for employers of veterans, to support their transition to civilian life.
Originally put forward as one of the pledges in the 2019 Conservative manifesto, the government committed to “reducing National Insurance contributions for employers if they employ ex-Service personnel”, and it has now been confirmed that, from 6 April 2021, organisations who employ veterans will not be required to pay employer NI contributions on their wages for the initial 12 months of their civilian employment.
The CIPP’s policy and research team have collated a survey, and will be submitting a formal response to the consultation, which will include the opinions of members expressed within the survey. The questions include a mix of questions that explore the more specific details of how the new policy should be implemented and administered.
The survey will take around 15 minutes to complete, and you have the opportunity to respond until 11:45 PM on 30 September 2020. Payroll professionals are consistently busy individuals, and particularly so at the moment, given current circumstances. We do really appreciate any time that you can dedicate to responding to the survey, and this is your opportunity to help to shape future policy that will impact the work carried out by payroll teams.
Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information. Download the CIPP's Payroll: Need to know - your guide to payroll legislation and reporting for the most up to date data.