2016/17 National Insurance Contributions
|Class 1 (not contracted out)||Employee (primary)||Employer (secondary)|
|Payable on weekly earnings of below £112 (lower earnings limit)||Nil||-|
|Payable on weekly earnings of £112-£155 (primary threshold)||*0%||-|
|Payable on weekly earnings of up to £156 (secondary threshold)||-||Nil|
|Payable on weekly earnings of above £156||-||13.8%|
|Payable on weekly earnings of £155.01 – £827 (upper earnings limit)||12%**||-|
|Payable on weekly earnings of £156.01 – £827 (upper secondary threshold – under 21s)||-||0%|
|Payable on weekly earning of above £827||2%**||-|
* No NICs are actually payable but notional Class 1 NIC is deemed to have been paid; this protects contributory benefit entitlement.
** Over state pension age, the employee contribution is generally nil.
|Employment Allowance up to £3,000 (per year)|
|Class 1A||On relevant benefits||13.8%|
|Class 2||Self employed||£2.80 per week|
|Limit of net earnings for exception||£5,965 per annum|
|Class 3||Voluntary||£14.10 per week|
|Class 3A||Voluntary contributions may be available to 5th April 2017 in order to obtain extra additional State Pension (maximum £25 a week) – variable rates according to age.||-|
|Class 4||Self employed on profits £8,060-£43,000||9%*|
|Self employed on profits excess over £43,000||2%*|
* Exemption applies if state pension age was reached by 6 April 2016.