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National Insurance Contributions


Class 1 (not contracted out)

Employer Employee
Payable on weekly earnings of    
Below 97 (lower earnings limit) Nil Nil
97-110 (earnings threshold) 0% 0%
110.01 - 770 (upper accrual point) 12.8% 11%
770.01 - 844 (upper earnings limit) 12.8% 11%
Over 844 12.8% 1%
Over state retirement age, the employee contribution is generally Nil
   

Class 1A (on relevant benefits)

12.8% Nil
   

Class 1B (on PAYE settlement arrangement)

12.8% Nil
   

Class 2 (Self employed)

2.40 per week
Limit of net earnings for exception 5,075 per annum
   

Class 3 (Voluntary)

12.05 per week
   

Class 4* (Self employed on profits)

 
5,715 - 43,875 8%
Excess over 43,875 1%
*Exemption applies if state retirement age was reached by 6 April 2010.

Note

For those earning between 97 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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