NICS

KelvinBurkePhoto
ICA_Logo
CIOTLogo
AAT logo
fsblogo
icon-certified-proadvisor

National Insurance

2013/14 Class 1 (employed) contracted in rates

Employee

Employer

Earnings per week

%

Earnings per week

%

Up to 149

Nil*

Up to 148

Nil

149.01 - 797

12

Over 148

13.8

Over 797

2

 

 

* Entitlement to contriibution-based benefits retained for earnings between 109 and 149 per week

Class 1A (employers)

13.8 on employee taxable benefits

Class 1B (employers)

13.8% on PAYE Settlement Agreements

Class 2 (self employed)

Flat rate per week 2.70

Small earnings exception 5,725 p.a.

Class 3 (voluntary)

Flat rate per week 13.55

Class 4 (self-employed)  

9% on profits between 7,755 and 41,450 plus 2% on profits over 4,150


Copyrights  ©  2012.
Kelvin Burke.
Privacy Policy. Terms of Use.

Privacy Statement

[NICS]
Accept Cookies?