Investment Zone National Insurance Categories

Investment Zone National Insurance Categories have been announced by HMRC to be effective from 2024/2025 tax year whereby if your agency and client are within an investment zone and any new payee who will be working 80% of their time in the investment zone in the tax year, you are able to pay a reduced amount of employer National Insurance contribution.

FastTrack360 is going to include the National Insurance categories later in the tax year 2024/2025. Should you need to use this prior to when this is available, manual adjustments will need to be applied at the point the feature is available to adjust the employer contribution. Guidance will be provided nearer the time.