Sarah Bradford looks at the measures introduced by the National Insurance Contributions Bill 2021.
The National Insurance Contributions Bill 2021 was introduced into Parliament on 12 May 2021. The bill introduces new reliefs from secondary National Insurance contributions (NICs) for freeport employers and employers employing armed forces veterans in the first year of their first civilian employment after leaving the armed forces.
It also provides for an exemption from Class 4 NICs for Covid-19 support payments and strengthens the disclosure of contributions avoidance rules.
The bill, together with associated explanatory notes and tax impact and information notes, is available on the Gov.uk website.
