Tax Rates & Allowances - National Insurance Contributions
This information is prepared for guidance only. We recommend that you contact us for advice before acting on any information contained on this page and we cannot accept responsibility for any action taken without such advice.
Class 1 (Employees)
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Contracted In
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Contracted Out
Salary Related
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Money Purchase
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Employee contributions
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|
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On earnings between £110.01 - £770pw
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11.0%
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9.4%
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9.4%
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On earnings between £770 - £844pw
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11.0%
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11.0%
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11.0%
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On earnings above £844pw
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1.0%
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1.0%
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1.0%
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Employer contributions
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On earnings between £110.01 and £770pw
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12.8%
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9.1%
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11.4%
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On earnings above £770pw
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12.8%
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12.8%
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12.8%
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Employer contributions (at 12.8%) are also due on most benefits in kind and on tax paid on an employee's behalf under a PAYE settlement agreement.
Class 2 (Self-employed)
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Flat rate per week
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£2.40
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Small earnings exception: profits per annum
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£5,075
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Class 3 (Voluntary)
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Flat rate per week
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£12.05
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Class 4 (Self-employed)
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On profits £5,715 - £43,875
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8.0%
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On profits over £43,875
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1.0%
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