I know I've already posted this on another thread, but the rise in NICs was a fair and progressive move. The Treasury receives almost three times as much from employees/employers as it does from the self-employed.
nina Holiday and sick pay are paid by the employer - nothing to do with NICs. As a self-employed person, you could pay Class 2 and Class 4 contributions, so you would be building up entitlement to state pension.
It's the abolition of Class 2 contributions, which only the lowest paid self-employed pay, which will do damage, but Conservatives aren't bothered by them.
This is a disgraceful U-turn by a PM and Chancellor who have caved into pressure from back benchers for party political reasons.
Humza Yusaf's resignation speech