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Class 1
Employees
Employers
Weekly earnings
On first £139 (£110.00) (£136 for Employers)
NIL
£139.01 to £817.00 (£110.01 to £844.00)
12%
13.8%
£817.00+ (£844.00+)
2%
Class 1A
13.8% NIC on benefits in kind payable on 19th/22nd July after the end of the tax year.
Class 1B
13.8% payable on PAYE Settlement Agreement benefits, tax due 19th/22nd October after the end of the tax year.
Class 2
Self employed flat rate of £2.50 per week.
Class 3
Voluntary contributions at a rate of £12.60 per week.
Class 4 - Self-employed earning rate
2011/12
2010/11
Profits between £7,225 (£5,715) and £42,475 (£43,875) per annum
9%
8%
Profits in excess of £42,475 (£43,875) per annum
1%
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