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Employment: Veterans

Asked by Andrew BowieConservativeTreasuryTabled Answered 22 July 2024UIN 499

The question

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.

Answered by 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.

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