UK HM Treasury has issued a release announcing National Insurance contribution (NIC) cuts with effect from 6 April 2024, including a cut in the main rate of Class 4 NICs from 9% to 6% along with the abolition of the requirement to pay Class 2 NICs.

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Government rewards workers with record tax cut for 29 million

• 29 million workers receive largest ever cut to National Insurance
• Government …