The tax hike for the self-employed isn't actually going to happen

The National Insurance rise announced by Philip Hammond in the Budget on Wednesday is not going to happen. The only thing that saved the Chancellor from the embarrassment of the “U-turn” headlines was that the rise was planned for April next year. That means that there is plenty of time to obscure the climbdown behind a review of the jobs market in the autumn Budget.

Normally, after a Budget, MPs have to vote on the Finance Bill that puts the measures into law. Hence the humiliation of George Osborne last year, when he dropped the cut in disability

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