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NATIONAL INSURANCE
Class 1
Employee
Employer
Earnings per week
Up to £162
nil* Up to £162
nil
From £162.01 to £892
12%
Over £162
13.8%**
Over £892
2%
Over state pension age
0%
Over state pension age
13.8%
* Entitlement to contribution-based beneits are retained for earnings between
£116 and £162 per week.
** 0% for employees under 21 and apprentices under 25 on earnings up to £892
per week.
Class 1A
On relevant beneits, including car and fuel beneits
13.8%
Class 2
Self-employed above small proits threshold
£2.95 per week
Small proits threshold
£6,205 per annum
Class 3
Voluntary
£14.65 per week
Class 4*
Self-employed on proits £8,424 – £46,350
9%
Over £46,350
2%
* Exemption applies if the state retirement age is reached by 6 April 2018.
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 autumn announcements made by
the UK and Northern Ireland, Scottish and Welsh governments and are for
information only. They are subject to change before 6 April and are subject to
conirmation by the various governments.
Rates apply to the UK and Northern Ireland unless indicated otherwise.
Apprenticeship levy
A levy of 0.5% applies where the pay bill exceeds £3m. There is an
allowance of £15,000. Further conditions apply so please consult with us.