One-year holiday on Employer National Insurance Contributions for firms hiring service personnel
Last updated: 07:32pm 30 December 2018
Conservative Party Manifesto 2017, p.42
We will help veterans to start new careers by…introducing a one year holiday on Employer National Insurance Contributions for firms hiring service personnel after they leave service.
A report by the Royal British Legion found:
“working age veterans in the UK are nearly twice as likely to be unemployed as their civilian contemporaries…”
This pledge is part of the government’s promise to support veterans returning to civilian life and help them start new careers. Giving firms a National Insurance Contributions (NIC) holiday when they hire former service personnel is intended to act as an incentive for employing veterans.
In the manifesto, the NIC holiday was also promised to businesses which employ other groups of people who have found it difficult to find work in the past, such as former wards of the care system, people with disabilities and those with chronic mental health problems.
However, we have found no evidence that this policy to help veterans has progressed under the current government. We are therefore marking this policy as ‘not started’. We’ll be keeping an eye out for any announcement indicating that the government intends to act on this pledge. Follow this policy for updates.
Want to know more?
- National Insurance – Gov.uk
- Deployment to Employment: Exploring the Veteran Employment Gap in the UK – Royal British Legion
- 50 employers awarded gold for supporting the armed forces – Gov.uk
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