For the self-employed, the chancellor said he is making reforms to the way national insurance is paid to save around 2 million people an average of £350 per year.
He said he is abolishing Class 2 national insurance - which he says saves £192 a year - for the self-employed.
Meanwhile, Class 4 national insurance will be cut from 9% to 8% on earnings between £12,570 and £50,270.
Budget 2023 calculator: https://news.sky.com/story/budget-2023-calculator-see-if-you-are-better-or-worse-off-after-chancellor-jeremy-hunts-statement-12834667
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He said he is abolishing Class 2 national insurance - which he says saves £192 a year - for the self-employed.
Meanwhile, Class 4 national insurance will be cut from 9% to 8% on earnings between £12,570 and £50,270.
Budget 2023 calculator: https://news.sky.com/story/budget-2023-calculator-see-if-you-are-better-or-worse-off-after-chancellor-jeremy-hunts-statement-12834667
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
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For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog
To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
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