National Insurance Contributions


National Insurance Contributions
Class 1 (not contracted out) Employer Employee
Lower earnings limit   £90
Payable on weekly earnings    
£105.01 - £770 12.8% 11%
Over £770 12.8% 1%
Over state retirement age 12.8% Nil
   
Class 1A (on relevant benefits) 12.8% Nil
   
Class 1B (on PAYE settlement arrangement) 12.8% Nil
   
Class 2 (Self employed) £2.30 per week
Limit of net earnings for exception £4,825 per annum
   
Class 3 (Voluntary) £8.10 per week
   
Class 4 (* Self employed on profits)  
£5,435 to £40,040 8%
Excess over £40,040 1%
*Exemption applies if state retirement age was reached by 6 April 2008.

Note

For those earning between £90 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.



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