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Tax Tables

National Insurance

Class 1

Employees

Employers

Weekly earnings

 

 

On first £139 (£110.00) (£136 for Employers)

NIL

NIL

£139.01 to £817.00 (£110.01 to £844.00)

12%

13.8%

£817.00+ (£844.00+)

2%

13.8%

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

2%

1%

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