The National Insurance Contributions Act 2022 (Freeports and Investment Zones) (Consequential Amendments) Regulations, SI 2023/812, ensure that relief from secondary NICs is available in 'special tax sites' in relation to employees with protected characteristics and those eligible for multiple NICs rates. These consequential changes are required after F(No. 2)A 2023 extended the freeport tax and NICs reliefs to investment zones, bringing freeports and investment zones together under the new banner of 'special tax sites'.
The National Insurance Contributions Act 2022 (Freeports and Investment Zones) (Consequential Amendments) Regulations, SI 2023/812, ensure that relief from secondary NICs is available in 'special tax sites' in relation to employees with protected characteristics and those eligible for multiple NICs rates. These consequential changes are required after F(No. 2)A 2023 extended the freeport tax and NICs reliefs to investment zones, bringing freeports and investment zones together under the new banner of 'special tax sites'.
