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National Insurance hike for self-employed scrapped by Chancellor

The government will no longer increase the level of National Insurance paid by the self-employed, just a week after announcing plans to do so in the 2017 Spring Budget.  Chancellor...

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Budget 2017: all the key announcements

A new market-leading savings bond and some significant changes to the taxes paid by self-employed people were the highlights of Philip Hammond’s first (and last) Spring Budget as Chancellor.  While...

Budget 2017: Tax hike for the self-employed

Self-employed workers could see their take-home pay squeezed by hundreds of pounds a year as a result of changes to the National Insurance system announced in today’s Budget. Contribution rates for self-employed...

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Budget 2017: pension changes avoided

Chancellor Philip Hammond resisted the temptation to make further changes to the pension system in today’s Budget. After the seismic changes in the pensions sector since April 2015, the Chancellor...

Budget 2017: savings changes

The big Budget news for savers is that a new National Savings and Investments (NS&I) bond, available from April, will pay 2.2% over three years. Philip Hammond confirmed the rate...

Budget 2017: will your National Insurance bill rise?

On Wednesday 8 March, Chancellor Philip Hammond will deliver his first Budget speech, outlining his plans for taxation and spending for the coming year. But will you get a boost to...

Budget 2017: what’s coming in the 2017-18 tax year?

This year’s Spring Budget, in which the Chancellor of the Exchequer announces key changes affecting our finances in the upcoming tax year and beyond, takes place on 8 March 2017....

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