National Insurance Contributions

 

Class 1 (not contracted out)	Employer	Employee
Payable on weekly earnings of
Up to £102 (lower earnings limit)	Nil	Nil
£102 – £136 (employers’ earnings threshold)	Nil	Nil
£136.01 – £139 (employees’ earnings threshold)	13.8%	Nil
£139.01 – £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)	£2.50 per week
Limit of net earnings for exception	£5,315 per annum
Class 3 (Voluntary)	£12.60 per week
Class 4* (Self employed on profits)
£7,225 – £42,475	9%
Excess over £42,475	2%
*Exemption applies if state retirement age was reached by 6 April 2011.

 

Note

For those earning between £102 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 salary related schemes, and employees a rebate of 1.6% for either scheme.