Chancellor raids again with new NI rebate rate

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Schemes face another multi-billion pound raid from chancellor Gordon Brown because he is ignoring advisers over National Insurance contracting-out re-bates, consultants claim.

The new rebate rate of 5.3pc came into effect on April 6 and is set to stay in place until the next review in 2012 – although the Government Actuary’s Department had recommended a rate of 5.8pc. ...

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