Budget 2009 | Tax Tables 09/10 | Understanding Tax | News, Articles & Guides | Tax Calculators | Tax Services

In This Section : Tax Tables 09/10 | Income Tax | Capital Gains Tax | Corporation Tax | Main Capital Allowances | Value Added Tax | Inheritance Tax | Vehicle Benefits | Mileage Allowance | NI Contributions | Key Dates | Pension Premiums | Charitable Giving | Savings | Useful Rates | Stamp Rates
 

National Insurance Contributions

Class 1 (not contracted out) Employer Employee Lower earnings limit   £87 Payable on weekly earnings     £100.01 - £670 12.8% 11% Over £670 12.8% 1% Over state retirement age as above Nil     Class 1A (on relevant benefits) 12.8% Nil     Class 1B (on PAYE settlement arrangement) 12.8%       Class 2 (Self employed) £2.20 per week Limit of net earnings for exception £4,635 per annum     Class 3 (Voluntary) £7.80 per week     Class 4 (* Self employed on profits)   £5,225 to £34,840 8% Excess over £34,840 1% *Exemption applies if state retirement age was reached by 6 April 2007.

Note

For those earning between £87 per week and £670 per week, employers receive a rebate of 1.4% on contracted out money purchase schemes or 3.7% on contracted out final salary schemes, and employees, a rebate of 1.6% for either scheme.

Tax information provided by :