HMRC has released a new bulletin confirming the responses are further detail to the recent consultation on the proposed changes first announced in the last budget around the National Insurance holiday for employers for veterans in their fist year of civil employment.
- The defines a number of areas that the proposed scheme will incorporate:
- The amount and limits to any employer claim
- The reasoning as well as the process
- The Qualifying criteria for those eligible and the treatment of reservists
- The initial process for 2021/22
- Further detail on the process going forward
- Scheme restrictions and reporting requirements.
For more details, the report can be found here:
