National Insurance Rates
Class 1 - Employees and Employers
| Weekly Earnings (£) |
Employees (%) |
Employers (%) |
Standard Rate
|
|
|
90 - 105
|
0 |
0 |
| 105.01 - 770 |
11.0 |
12.8 |
Over 770
|
1.0 |
12.8 |
Contracted Out - Salary Related
|
|
|
| 90 - 105 |
0 |
0 |
| 105.01 - 770 |
9.4 |
9.1 |
| Over 770 |
1.0 |
12.8 |
| Contracted Out - Money Purchase |
|
|
| 90 - 105 |
0 |
0 |
| 105.01 - 770.00 |
9.4 |
11.4 |
| Over 770.00 |
1.0 |
12.8 |
A zero rate of NIC applies to earnings between the lower limit of £90 per week and the earnings threshold of £105 per week to protect the employee's contributory benefit entitlement.
Class 1A NIC's (payable by employers on annual basis on benefits in kind) 12.8%
Class 1B NIC's (payable by employers on PAYE Settlement Agreements) 12.8%
| Class 2 (Self Employed) |
£2.30 per week |
| Small Earnings Exception |
£4,825 per annum |
| Class 3 (Voluntary) |
£8.10 per week |
| |
|
| Class 4 (Self Employed) |
|
| Less than £5,435 |
Nil |
| £5,435 - £40,040 |
8% |
| Over £40,040 |
1% |