Chancellor Philip Hammond has increased National Insurance rates for self-employed people. 

Announcing the Budget today, Mr Hammond said there had been a 'dramatic increase' in the number of people listed as self-employed and there shouldn't be a disparity in the rates paid by workers. 

Class 4 contributions will go up to 10% from nine per cent from April 2019. 

The increase means self-employed workers would pay am average of £240 more a year. 

However, Class 2 NI payments are due to be abolished in 2018, so taking the two together means the average worker will pay 60p more a week, Mr Hammond said. 

Shadow Chief Chancellor Peter Dowd said the government had its priorities 'absolutely wrong.'

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