National Insurance

2015/16 Class 1 (employed) contracted in rates

Employee

Employer

Earnings per week %
Up to £155 Nil*
£155.01-£815 12
Over £815 2
Earnings per week %
Up to £156 Nil*
Over £156 13.8**
   

* Entitlement to contribution-based benefits retained for earnings between £112 and £155 per week.

** The rate is 0% in relation to employees under 21 on earnings up to £815 per week.

Class 1A (employers) 13.8% on employee taxable benefits
Class 1B (employers) 13.8% on PAYE Settlement Agreements
Class 2 (self-employed) flat rate per week £2.80
small earnings exception p.a. £5,965 p.a.
Class 3 (voluntary) flat rate per week £14.10
Class 4 (self-employed) 9% on profits between £8,060 and £42,385 plus 2% on profits over £42,385

 

2014/15 Class 1 (employed) contracted in rates

Employee

Employer

Earnings per week %
Up to £153 Nil*
£153.01-£805 12
Over £805 2
Earnings per week %
Up to £153 Nil*
Over £153 13.8
   

* Entitlement to contribution-based benefits retained for earnings between £111 and £153 per week.

Class 1A (employers) 13.8% on employee taxable benefits
Class 1B (employers) 13.8% on PAYE Settlement Agreements
Class 2 (self-employed) flat rate per week £2.75
small earnings exception p.a. £5,885 p.a.
Class 3 (voluntary) flat rate per week £13.90
Class 4 (self-employed) 9% on profits between £7,956 and £41,865 plus 2% on profits over £41,865
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