Employment: Veterans

Treasury written question – answered at on 22 July 2024.

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Photo of Andrew Bowie Andrew Bowie Shadow Minister (Veterans), Shadow Minister (Energy Security and Net Zero)

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.

Photo of James Murray James Murray The Exchequer Secretary

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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