On 2 November 2017 the Government announced a one year delay to the abolition of Class 2 national insurance contributions ("NICs"). Class 2 NICs will now be abolished from 6 April 2019. The delay will allow time for the Government to engage with interested parties and Parliamentarians with concerns relating to the impact of the abolition of Class 2 NICs on self-employed individuals with low profits.

The Government has also announced that some of the proposed changes to the taxation of termination payments will nevertheless proceed as planned in April 2018.

All payments in lieu of notice will from April 2018 be treated as earnings (subject to tax and class 1 NICs). However, it appears that the proposal to extend class 1A NICs on termination payments to amounts above the income tax exempt amount of £30,000 will be postponed until April 2019.