{"id":48170,"date":"2017-03-15T19:55:41","date_gmt":"2017-03-15T12:55:41","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hammonds-nics-u-turn-is-a-political-disaster-for-the-government\/"},"modified":"2017-03-15T20:02:10","modified_gmt":"2017-03-15T13:02:10","slug":"hammonds-nics-u-turn-is-a-political-disaster-for-the-government","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hammonds-nics-u-turn-is-a-political-disaster-for-the-government\/","title":{"rendered":"Hammond's NICs U-turn is a political disaster for the government"},"content":{"rendered":"


\nChancellor\u2019s change of heart raises the question of who\u2019s in charge at the Treasury: Hammond, May or the Daily Mail?Not so funny now, is it chancellor? A week to the day since he peppered his debut budget speech with gags to disguise its thinness, Philip Hammond has just done a screeching U-turn.There was only one measure of note in the package \u2013 an increase in national insurance contributions for the self-employed \u2013 and from the moment it was announced the proposal caused a firestorm of criticism. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Hammond’s NICs U-turn is a political disaster for the government<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chancellor\u2019s change of heart raises the question of who\u2019s in charge at the Treasury: Hammond,...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-48170","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-cwW","jetpack-related-posts":[{"id":47647,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mps-to-rebel-against-vote-to-raise-nics-for-self-employed\/","url_meta":{"origin":48170,"position":0},"title":"MPs to rebel against vote to raise NICs for self-employed","date":"March 11, 2017","format":false,"excerpt":"\r Government faces defeat in autumn over tax rise announced in budget, despite Theresa May\u2019s announcement of a reviewBackbenchers unhappy at plans to increase national insurance for the self employed promised to rebel against the introduction of the tax rise in the autumn, after Theresa May said on Thursday she\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48668,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-bombshell-for-self-employed-pay-400-more-nics-or-lose-state-pension\/","url_meta":{"origin":48170,"position":1},"title":"New bombshell for self-employed: pay 400% more NICs\u2026 or lose state pension","date":"March 18, 2017","format":false,"excerpt":"\r Despite the chancellor\u2019s NICs U-turn, those who earn below \u00a36,000 still face a five-fold increase \u2013 unless the government acts before next yearJane Clark, a self-employed maths tutor who earns around \u00a32,500 a year, faces a 400% increase in her national insurance contributions (NICs) if she wants to retain\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48188,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/philip-hammonds-national-insurance-u-turn-leaves-2bn-hole-in-public-finances\/","url_meta":{"origin":48170,"position":2},"title":"Philip Hammond\u2019s national insurance U-turn leaves \u00a32bn hole in public finances\u00a0","date":"March 15, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Philip Hammond\u2019s national insurance U-turn leaves \u00a32bn hole in public finances\u00a0","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72643,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-the-obr-quickly-spoiled-hammonds-housing-help-lines\/","url_meta":{"origin":48170,"position":3},"title":"How the OBR quickly spoiled Hammond's housing help lines","date":"November 23, 2017","format":false,"excerpt":"\r The new stamp duty threshold doesn\u2019t look so good outside London and as for the \u00a344bn worth of measures? That\u2019s actually \u00a315bn ... spread over five years The excitement over the chancellor\u2019s modest surprise \u2013 the abolition of stamp duty for first-time buyers purchasing properties worth up to \u00a3300,000\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50077,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hammond-was-right-to-raise-tax-for-self-employed-inquiry-likely-to-say\/","url_meta":{"origin":48170,"position":4},"title":"Hammond was right to raise tax for self-employed, inquiry likely to say","date":"March 29, 2017","format":false,"excerpt":"\r Employment practices review favours chancellor\u2019s aborted budget pledge and levelling of taxation for different class of workers, MPs toldThe chancellor was correct to announce a tax increase on the self-employed before dramatically withdrawing from his main budget pledge, an independent inquiry into modern employment practices is likely to conclude.Matthew\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70814,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-delay-to-nics-changes-for-self-employed-welcomed\/","url_meta":{"origin":48170,"position":5},"title":"Government delay to NICs changes for self-employed welcomed","date":"November 3, 2017","format":false,"excerpt":"\r Abolition of class 2 contributions would leave lowest-paid to choose between five-fold NI increase or forfeiting state pensionCampaigners have welcomed a government decision to delay a national insurance change that will leave some low-earning self-employed people facing a 400% increase in their costs if they want to retain their\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/48170"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=48170"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/48170\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=48170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=48170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=48170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}