National Insurance
|
Class 1 (employed)
Contracted in |
2008/09 Rates |
| Weekly earnings |
Employer |
Employee |
| Up to £105 |
Nil* |
Nil* |
|
£705.01 - £770 |
12.8%** |
11%** |
| Over £770 |
12.8%** |
£73.15 +1%*** |
* Entitlement to contribution-based benefits retained for earnings between £90.01 and £105 per week.
** On earnings above £105.
*** On earnings above £770. |
|
|
|
| Class 1A (employers) |
12.8% on employee taxable benefits |
| Class 1B (employers) |
12.8% on PAYE Settlement Agreements |
| Class 2 (self-employed) |
flat rate per week £2.30
small earnings exception p.a. £4,825 |
| Class 3 (voluntary) |
flat rate per week £8.10 |
| Class 4 (self-employed) |
8% on profits between £5,435 and £40,040 plus 1% on profits over £40,040 |
|