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UK’s embarrassing U-turn on budget’s central tax proposal

16 March 2017

Anjana Haines

In a humiliating change of events, UK Chancellor of the Exchequer Philip Hammond ditched his proposals – announced only a week ago – to increase Class 4 national insurance contributions (NICs) for the self-employed and target gig economy workers, relieving many taxpayers of a higher tax burden.

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International Correspondents