National Insurance Contributions 2011
| Class 1 (Employees) Not Contracted out of State Second Pension S2P | |
| 2011/12 | 2010/11 |
| Employee: | Employee: |
| No NICs where earnings are up to £139 a week 12% NICs on £139.01-£817 a week 2% NICs over £817 a week | No NICs where earnings are up to £110 a week 11% NICs on £110.01-£844 a week 1% NICs over £844 a week |
| Employer: | Employer: |
| No NICs on the first £136 a week 13.8% NICs over £136 a week | No NICs on the first £110 a week 12.8% NICs over £110 a week |
| Earnings limit or threshold | 2011/12 | 2010/11 | ||||
| Weekly | Monthly | Annual | Weekly | Monthly | Annual | |
| £ | £ | £ | £ | £ | £ | |
| Lower limit (LEL) | 102 | 421 | 5,044 | 97 | 421 | 5,044 |
| Primary earnings threshold | 139 | 602 | 7,225 | 110 | 476 | 5,715 |
| Secondary earnings threshold | 136 | 589 | 7,072 | 110 | 476 | 5,715 |
| Upper accrual point | 770 | 3,337 | 40,040 | 770 | 3,337 | 40,040 |
| Upper limit (UEL) | 817 | 3,540 | 42,475 | 844 | 3,656 | 43,875 |
| Contracted-out S2P rebate | 2011/12 | 2010/11 | |
| Reduction on band earnings | £102.01-£770 pw | £97.01-£770 pw | |
| Employer rate reduction: | |||
|
3.7% | 3.7% | |
|
1.4% | 1.4% | |
| Employee rate reduction | 1.6% | 1.6% | |
| Class 1A (Employers) | 2011/12 | 2010/11 | |
| Most taxable employee benefits | 13.8% | 12.8% | |
| Class 2 (Self-Employed) | 2011/12 | 2010/11 | |
| Flat rate | £2.50 pw £130.00 pa |
|
|
| Small earnings exception | £5,315 pa | £5,075 pa | |
| Class 4 (Self-Employed) | 2011/12 | 2010/11 | |
| On profits | £7,225-£42,475 pa9% | £5,715-£43,875 pa8% | |
| Over £42,475 pa2% | Over £43,875 pa 1% | ||
| Class 3 (Voluntary) | 2011/12 | 2010/11 | |
| Flat rate | £12.60 pw£655.20 pa | £12.05 pw £626.60 pa |
