National Insurance Contributions
| Class 1 |
Employee (primary) |
| Payable on weekly earnings of |
|
| Below £112 (lower earnings limit) |
0% |
| £112 - £155 (primary threshold) |
0%* |
| £155.01 - £827 (upper earnings limit) |
12%** |
| Above £827 |
2%** |
* No NICs are actually payable but notional Class 1 NIC is deemed to have been paid; this protects certain state benefit entitlements.
** Over state pension age, the employee contribution is generally nil |
| |
Employer (secondary) |
| Up to £156 (secondary threshold) |
Nil |
| Above £156 |
13.8% |
| £156.01 - £827 (upper secondary threshold - under 21s) |
0% |
| £156.01 - £827 (apprentice upper secondary threshold for under 25s) |
0% |
| |
|
| Employment Allowance |
Up to £3,000 (per year) |
| |
|
| Class 1A (on relevant benefits) |
13.8% |
| |
|
| Class 1B (on PAYE settlement arrangement) |
13.8% |
| |
|
| Class 2 (Self employed) |
£2.80 per week |
| Small profits threshold |
£5,965 per annum |
| |
|
| Class 3 (Voluntary) |
£14.10 per week |
| |
|
| Class 3A |
|
| Voluntary contributions may be available to 5 April 2017 in order to obtain extra additional State Pension (maximum £25 a week) - variable contribution rates according to age. |
| |
|
| Class 4* (Self employed on annual profits) |
|
| £8,060 - £43,000 |
9% |
| Excess over £43,000 |
2% |
| *Exemption applies if state pension age was reached by 6 April 2016. |
|
