Member

2: Clause 1, page 1, line 1, at end insert— “(A1) The Social Security Contributions and Benefits Act 1992 is amended as follows.(A2) In section 9(1A) after paragraph (aa) insert—“(ab) if section 9AA applies to the earnings, the veterans secondary percentage;”(A3) After section 9A insert—“9AA Veterans secondary percentage(1) Where a secondary Class 1 contribution is payable as mentioned in section 6(1)(b), this section applies to the earnings paid in the tax week, in respect of the employment in question, where the earner is a veteran.(2) For the purposes of section 9(1A)(ab), the veterans secondary percentage is 13.8%.(3) For the purposes of this section, a “veteran” means a former member of any of His Majesty’s forces.””Member’s explanatory statement This amendment would exempt veterans’ salaries from NICs changes.