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Confused by new NICs changes?

The changes to NICs announced in the Spring Statement were not straightforward for employees, company directors and the self-employed. Let’s set the record straight.

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An overshadowed Spring Statement

Ever since he announced a move to an Autumn Budget in 2016, Mr Hammond has made it clear that he wanted to avoid the Spring Statement counterpart becoming a mini-Budget. His vision was that in March he would be presenting a brief response to the latest forecasts from the Office for Budget Responsibility (OBR).

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