2018/19 National Insurance Contributions
Payable on weekly earnings of
|Class 1||Employee (primary)||Employer (secondary)|
|below £116 (lower earnings limit)||Nil||-|
|£116 - £162 (primary threshold)||*0%||-|
|up to £162 (secondary threshold)||-||Nil|
|£162.01 – £892 (upper earnings limit)||12%**||-|
|£162.01 – £892 (under 21s and apprentices under 25)||-||0%|
* 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||£2.95 per week|
|Small profits threshold||£6,205 per annum|
|Class 3||Voluntary||£14.65 per week|
|Class 4||Self employed on annual profits £8,424 - £46,350||9%*|
|Self employed on annual profits excess over £46,350||2%*|
* Exemption applies if state pension age was reached by 6 April 2018.