National Insurance Contributions
| Class 1 | 19/20 | |
| Employee | Employer | |
| NICs rate | 12% | 13.8% |
| No NICs for employees generally on the first | £166 pw | £166 pw |
| No NICs for younger employees* on the first | £166 pw | £962 pw |
| NICs rate charged up to | £962 pw | No limit |
| 2% NICs on earnings over | £962 pw | N/A |
| Certain married women | 5.85% | 13.8% |
| Employment Allowance | £3,000 | |||
| Per business. Not available if the sole employee is a director | ||||
| Limits and Thresholds | 19/20 | |||
| Weekly | Monthly | Annual | ||
| Lower earnings limit | £118 | £512 | £6,136 | |
| Primary threshold | £166 | £719 | £8,632 | |
| Secondary threshold | £166 | £719 | £8,632 | |
| Upper earnings limit (and upper secondary thresholds*) | £962 | £4,167 | £50,000 | |
| * Employees generally under 21 years and apprentices under 25 years | ||||
| Class 1A Employer On car and fuel benefits and most other taxable benefits provided to employees and directors | 13.8% | |||
| Class 2 Self-Employed Flat rate | £3.00 pw | £156.00 pa | ||
| Self-employed Small profits threshold: no compulsory NICs if profits do not exceed | £6,365 pa | |||
| Class 4 Self-Employed On profits | £8,632 – £50,000 pa |
9% | ||
| Over £50,000pa | 2% | |||
| Class 3 Flat rate | £15.00 pw | £780.00pa | ||
