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NATIONAL INSURANCE
Class 1
Employee
Employer
Earnings per week
Up to £157
nil*
Up to £157
0%
From £157.01 to
£866
12% Over £157
13.8%**
Over £866
2%
Over state
pension age
0%
Over state
pension age
13.8%
* Entitlement to contribution based beneits are retained for earnings
between £113 and £157 per week.
** 0% for employees under 21 and apprentices under 25 on earnings up to
£866 per week.
Class 1A
On relevant beneits
13.8%
Class 2
Self-employed above small proits
threshold
£2.85 per week
Small proits threshold
£6,025 per annum
Class 3
Voluntary
£14.25 per week
Class 4*
Self-employed on proits £8,164-£45,000
9%
Over £45,000
2%
* Exemption applies if the state retirement age is reached by 6 April 2017.
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Employment allowance
Per employer, per year
(excluding 1 person companies)
£3,000*
* 1 claim only for companies in a group or under common control. Not
available where the director is the only employee paid earnings above the
secondary threshold for class 1 national insurance contributions.
IMPORTANT NOTICE
These rates and allowances are based on Budget 2017 and are for
information only. They are subject to conirmation by the Finance Act 2017.
Rates apply to the UK unless where indicated otherwise.
Contact us to discuss your planning.
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Apprenticeship levy
A levy of 0.5% applies where the payroll exceeds £3 million. There is
an allowance of £15,000. Further conditions apply so please consult
with us.