By Ruby Flanagan National Insurance is being cut for the second time from today – and you can use our calculator below to see how much money you will save. The rate paid in Class 1 National Insurance contributions on yearly earnings between £12,570 and £50,270 for employees is dropped from 10% to 8% from today (April 6). The cuts were announced in the Spring Budget with Chancellor Jeremy Hunt saying they would, combined with the previous tax cut, save the average worker £900. Around 27million people will benefit from the tax cut. But even though the Government says the move will give people mo…