Overview of the Act
The Act deals with the following matters:
Introduces a new zero-rate of secondary Class 1 National Insurance contributions (NICs) relief for employers of Freeport employees.
Introduces a new zero-rate of secondary Class 1 NICs relief for employers of armed forces veterans.
Introduces an exemption for self-isolation support scheme payments from Class 2 and Class 4 NICs.
Widens the existing power to make regulations that impose requirements to disclose information in relation to arrangements that aim to avoid NICs.