Friday, March 10, 2017
Budget 2017
So the Chancellor is increasing the amount of National Insurance contributions that self-employed people pay to bring it into line with what employed people pay, and this is being done in the name of fairness. But my understanding always was that self-employed people pay lower NI contributions than employed people because there are benefits under the NI scheme to which self-employed people are not entitled. If a self-employed person is unable to work due to illness, for example, they don't get sick pay. Am I missing something?
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