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Accountants and Tax Advisers in Norwich. Get help with your tax return: 01603 630 882|info@norwichaccountancyservices.co.uk
National Insurance Contributions2018-12-14T14:55:29+00:00

National Insurance Contributions

Class 1 National Insurance Thresholds

£ per week 2016-17 2017-18 2018-19
Lower Earnings Limit (LEL) – Employees don’t pay NI but get the benefits of paying £112 £113 £116
Primary Threshold (PT)- Employees start paying NI £155 £157 £162
Secondary Threshold (ST) – Employers start paying NI £156 £157 £162
Upper Accrual Point (UAP) – Employees with a contracted-out pension pay a lower rate of NI up to this point N/A N/A N/A
Upper Earnings Limit (UEL) – All employees pay a lower rate of NI above this point £827 £866 £892
Upper Secondary Threshold (UST) – Employers of employees who are under 21 pay zero rate up to this point £827
Apprentice Upper Secondary Threshold (AUST) – Employers of certain apprentices who are under 25 pay zero rate up to this point £827 £866 £892

Class 1 National Insurance Rates

Employer Rates 2016-17 2017-18 2018-19
Rate above the Secondary Threshold 13.8% 13.8% 13.8%
Rebate for any employees in contracted-out pension schemes N/A N/A N/A
Rebate for any employees in money-purchase schemes N/A N/A N/A
lass 1A rate on expenses and benefits 13.8% 13.8% 13.8%
Employee Rates 2016-17 2017-18 2018-19
Between Primary Threshold and Upper Earnings Limit 12.0% 12.0% 12.0%
Above Upper Earnings Limit 2.0% 2.0% 2.0%
Rebate for employees in contracted-out workplace pension schemes N/A N/A N/A
Married women’s reduced rate between primary threshold and upper earnings limit 5.85% 5.85% 5.85%
Rate for employees deferring National Insurance 2.0% 2.0% 2.0%

Class 2 and Class 4 National Insurance (self-employed)

Class 2 2016-17 2017-18 2018-19
Small Profits Threshold amount per year £5,965 £5,965 £6,205
Small earnings exception’ amount per year Self-employed people start paying Class 2 NI N/A N/A N/A
Rate per week £2.80 £2.80 £2.95

Class 4 2016-17 2017-18 2018-19
Lower Profits Limit – Self-employed people start paying Class 4 NI £8,060 £8,060 £8,424
Upper Profits Limit – Self-employed people pay a lower rate £43,000 £43,000 £46,350
Rate between Lower Profits Limit and Upper Profits Limit 9.0% 9.0% 9.0%
Rate above Upper Profits Limit 2.0% 2.0% 2.0%

For more information, visit the HMRC website: HMRC National Insurance Contributions

Reproduced under the Open Government License – http://www.hmrc.gov.uk/copyright/

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