David Morris – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by David Morris on 2016-07-13.

To ask Mr Chancellor of the Exchequer, what fiscal steps he is taking to help self-employed people.

Jane Ellison

To reduce the tax burden for millions of self-employed people, the Government has announced that it will abolish Class 2 National Insurance – paid by the self-employed – in April 2018. This will see 3.4 million self-employed people gain £134 on average in 2018-19.

Self-employed people have also benefitted from the successive increases to the income tax personal allowance, with a typical taxpayer paying over £1,000 less income tax in 2017-18 compared to 2010.