HMRC has published a new overview of the secondary class 1 NICs zero rate for employers of veterans. One complication for employers was that, although the relief came into effect from the start of 2021/22, secondary NICs would need to be paid as normal for that tax year and subsequently claimed back from 6 April 2022 onwards. The new guidance covers the practical application of the rules and includes a section for employers who need to process claims for different NICs category letters either through payroll reporting (after 6 April 2022) or outside of the payroll.
HMRC has published a new overview of the secondary class 1 NICs zero rate for employers of veterans. One complication for employers was that, although the relief came into effect from the start of 2021/22, secondary NICs would need to be paid as normal for that tax year and subsequently claimed back from 6 April 2022 onwards. The new guidance covers the practical application of the rules and includes a section for employers who need to process claims for different NICs category letters either through payroll reporting (after 6 April 2022) or outside of the payroll.
