Draft legislation: The Social Security Contributions (Freeports) Regulations 2022
Draft regulations covering Freeport National Insurance contributions relief where employees’ time spent at the freeport site is limited due to a protected characteristic.
This is a technical consultation on draft regulations that will mainly be of interest to employers, businesses and their advisers who will be operating at freeport tax sites.
These regulations make provision in relation to the zero-rate of secondary Class 1 National Insurance contributions (NICs) available to businesses located in Freeport tax sites in Great Britain under the National Insurance Contributions Bill currently being legislated.
These regulations exempt employees from having to meet the Freeport condition at section 2(1)(d) of the NICs Bill that requires employees to spend 60% of their working time in the Freeport tax site for their employer to qualify for this relief. This condition is treated as having been met where the employer has made an adjustment to their employee’s working pattern to accommodate the following protected characteristics: disability, pregnancy and maternity.
On this page, you can read:
- the draft regulations
- a technical overview of the regulations
The legislation is intended to take effect from 6 April 2022.