Spring Budget 2424: 27million workers are in line for a £450 wage boost thanks to a fresh National Insurance cut
The change means that someone earning an average salary of £35,000 will save more than £448.60 a year.The main rate of Class 4 NI contributions for the self-employed will be reduced to 6%.
When combined with the abolition of the requirement to pay Class 2, this is expected to save a self-employed worker earning £28,000 about £650 a year.Rare 50p sells for 279 times its worth - could you have one hidden away? Although it's important to note that you may not see the boost until May, depending on when you get paid.said: “Hard work is one of my core values, and the progress we have made on the economy means we can reward work with a tax cut worth £900 for the average earner.step in our plan to end the unfairness of double taxation of work by abolishing national insurance in the long term.
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