National Insurance Contributions


	Total Weekly Earnings
Employer	Below £77	£77.01 - £89	£89.01 - £595	Excess
Standard rate	0	0	12.8%	12.8%

Contracted-out rate - money purchase schemes	0	0	11.8%	12.8%
Contracted-out rate - salary related schemes	0	0	*9.3%	12.8%


Employee
Standard rate	0	11% of earnings between £89 and £595. 1% of earning above £595.

Contracted-out rate	0	9.4% of earnings between £89 and £595. 1% of earning above £595.


Other Classes 2002/2003
Class 2 Self-Employed	£2 per week where earnings are over £4,095 a year

Class 3 Voluntary	£6.85 per week

Class 4 self-employed	8% net profits between £4,615 and £30,940 a year plus 1% above £30,940.
* tax facts 2003/2004tax facts 2003/2004tax fax facts 2003/2004tax facts 2003/2004tax facts 2003/2004tax facts 2003/2004