Budget 2017: Self-employed see rise in National Insurance Contributions

Higher-paid self-employed workers are to pay an average of 60p a week more in national insurance contributions, the Chancellor revealed.

Philip Hammond said that lower contributions by the self-employed “undermines the fairness of our tax system”.

“The employed and self-employed use our public services in the same way — but they do not pay for them in the same way,” Hammond said.

He told MPs that raising contributions from 9% to 10% from April next year and then again to 11% in 2019 would raise an extra £145 million by 2021-22. The rise is smaller than many were expecting.

RSA chief executive Matthew Taylor’s review on employment practices will be published in the summer.