Freeport and Investment Zone employer National Insurance contributions reliefs
We welcome views on draft regulations which provide for a reporting change for the Freeport and Investment Zone employer National Insurance contributions (NICs) reliefs.
This technical consultation will mainly be of interest to employers, businesses and their advisors who are operating at Freeport and Investment Zone special tax sites. It will also be of interest to payroll software developers.
The draft regulations introduce a new reporting requirement for Freeport and Investment Zone employers who claim the NICs reliefs to provide a workplace postcode for employees they claim the NICs reliefs in respect of.
The consultation will open on Thursday 18 April 2024 and will close on Wednesday 15 May 2024 at 23:59pm.
Responses should be sent to nics.correspondence@hmrc.gov.uk.
We may contact respondents for further information on feedback received and feedback will be used to update the Statutory Instrument when it is laid.