As of last weekend, 27 million people will benefit from the largest ever cut in National Insurance - announced by the Chancellor in last year's Autumn Statement.
Dr Kieran Mullan MP (Crewe & Nantwich) explains;
“This cut of 2%, from 12% to 10%, will mean that the average employee will save £450 a year. Those who are self-employed will save on average £350 a year.”
“I know that things have been tough for many families and it is important that we take responsible decisions which will not risk higher inflation. This is a long-term decision that will both reward hard work and put money back into the pockets of working people.”
Want to know how much you’ll be saving with the changes to National Insurance contributions?
