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National Insurance Contributions

 

   Employer  Employee
Class 1 (not contracted out)    
Payable on weekly earnings of:    
Up to £107 (lower earnings limit) Nil Nil
£107 - £144 (employers’ earnings threshold) Nil Nil
£144.01 - £146 (employees’ earnings threshold) 13.8% Nil
£146.01 - £770 (upper accrual point) 13.8% 12%
£770.01 - £817 (upper earnings limit) 13.8% 12%
Over £817 13.8% 2%
Over state retirement age, the employee contribution is generally Nil   

 

    
Class 1A (on relevant benefits) 13.8% Nil

 

    
Class 1B (on PAYE settlement arrangement) 13.8% Nil

 

    
Class 2 (Self employed) £2.65 per week
Limit of net earnings for exception £5,595 per annum

 

    
Class 3 (Voluntary) £13.25 per week

 

    
Class 4* (Self employed on profits)    
£7,605 - £42,475 9%
Excess over £42,475 2%
*Exemption applies if state retirement age was reached by 6 April 2012.  

 

Note

For those earning between £107 per week and £770 per week, employers receive a rebate of 3.4% on contracted out salary related schemes, and employees a rebate of 1.4%.