Written Question·Treasury·UIN 499

Employment: Veterans

Tabled: 17 July 2024

Answered: 22 July 2024

Question

Andrew Bowie

Conservative — West Aberdeenshire and Kincardine

To ask the Chancellor of the Exchequer, whether it is her policy to provide National Insurance relief for eligible employers recruiting veterans in their first civilian role after leaving military service.

Answer

James Murray

The National Insurance contributions (NICs) relief for veterans means that businesses pay no employer NICs on salaries of up to £50,270 for one year of a veteran's first civilian employment. Businesses can claim the relief until April 2025.