National Insurance Contributions
| Class 1 (not contracted out) |
Employer |
Employee |
| Lower earnings limit |
|
£90 |
| Payable on weekly earnings |
|
|
| £95 (lower earnings limit) to £110 |
0% |
0% |
| £110.01 - £770 (upper accrual point) |
12.8% |
11% |
| £770.01 - £844 (upper earnings limit) |
12.8% |
11% |
| Over £844 |
12.8% |
1% |
| Over state retirement age, the employee contribution is Nil |
|
|
| |
|
| Class 1A (on relevant benefits) |
12.8% |
Nil |
| |
|
| Class 1B (on PAYE settlement arrangement) |
12.8% |
Nil |
| |
|
| Class 2 (Self employed) |
£2.40 per week |
| Limit of net earnings for exception |
£5,075 per annum |
| |
|
| Class 3 (Voluntary) |
£12.05 per week |
| |
|
| Class 4 (* Self employed on profits) |
|
| £5,715 - £43,875 |
8% |
| Excess over £43,875 |
1% |
| *Exemption applies if state retirement age was reached by 6 April 2009. |
|
Note
For those earning between £95 per week and £770 per week, employers receive a rebate of 1.4% on contracted out money purchase schemes or 3.7% on contracted out final salary schemes, and employees, a rebate of 1.6% for either scheme.
