National Insurance Contributions

Class 1 employee16/17 17/18
EmployeeEmployerEmployeeEmployer
NIC rate12%13.8%12%13.8%
No NICs on the first:
Age under 21/25 for apprentices
Age 21/25 & over
£155 pw
£155 pw
£827 pw
£156 pw
£157 pw
£157 pw
£866 pw
£157 pw
NICs rate charged up to£827 pwNo limit£866 pwNo limit
2% NICs on earnings over£827 pwN/A£866 pwN/A
Certain married women5.85%13.8%5.85%13.8%

 

Employment Allowance£3,000
Per business. Not available if a director is the sole employee

 

Limits and thresholds 17/18
WeeklyMonthlyAnnual
Lower earnings limit£113£490£5,876
Primary earnings threshold£157£680£8,164
Secondary earnings threshold£157£680£8,164
Upper earnings limit and upper secondary earnings threshold (under 21 or apprentice under 25)£866£3,750£45,000

 

Class 1A Employer16/1717/18
On most taxable benefits provided to employees and directors13.8%13.8%

 

Self-employed16/17 17/18
Class 2
Flat rate£2.80 pw £145.60 pa£2.85 pw £148.20 pa
Small profits threshold£5,965£6,025
Class 4
On profits£8,060 – £43,000 pa: 9%
Over £43,000 pa: 2%
£8,164 – £45,000 pa: 9%
Over £45,000 pa: 2%
Voluntary
Class 3 Flat rate£14.10 pw £733.20 pa£14.25 pw £741.00 pa
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