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National Insurance Contributions
National Insurance Contributions (Table D)
Class 1 (Employees) |
Employee |
Employer |
Main NIC rate |
12% |
13.8% |
No NIC on first |
£183pw |
£169pw |
Main rate* charged up to |
£962pw |
no limit |
2% rate on earnings above |
£962pw |
N/A |
Employment allowance per qualifying business |
N/A |
£4,000 |
*Nil rate of employer NIC for employees under the age of 21 and apprentices under 25, up to £962pw.
Employer contributions (at 13.8%) are also due on most taxable benefits (Class 1A) and on tax paid on an employee’s behalf under a PAYE settlement agreement (Class 1B).
Class 2 (Self employed)
Flat rate per week |
£3.05 |
Small profits threshold |
£6,475 |
Class 3 (Voluntary)
Flat rate per week |
£15.30 |
Class 4 (Self employed)
On profits £9,500 – £50,000 |
9.0% |
On profits over £50,000 |
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