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Hunt confirms 2p cut in national insurance, claiming average personal taxes now at lowest level since 1975
Hunt is now talking about national insurance.
From April employee national insurance will be cut from 10% to 8%, and self-employed NICS from 8% to 6%.
He says, combined with the changes announced in the autumn statement, 27 million people will gain £900. And 2 million self-employed people will gain £650.
He says the OBR says this will put…
