| | | Employer | Employee |
| Class 1 (not contracted out) | | | |
| Lower earnings limit | | | £90 |
| Payable on weekly earnings of: |
| £105.01 - £770 | | 12.8% | 11% |
| Over £770 | | 12.8% | 1% |
| Over state retirement age | | 12.8% | nil |
| Class 1A | On relevant benefits | 12.8% | nil |
|
Class 2
|
Self employed
|
£2.30 per week
|
|
|
Limit of net earnings for exception
|
£4,825 per annum
|
|
Class 3
|
Voluntary
|
|
| Class 4*
|
Self employed on profits
|
|
|
|
|
£5,435 - £40,040
|
8%
|
|
|
|
Excess over £40,040
|
1%
|
|
* Exemption applies if state retirement age win reached by 6 April 2008
PLEASE NOTE: The information contained on this page and other pages in this website is for general guidance only.
No responsibility is token for action taken or refrained from in consequence of the contents of this website.
