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National Insurance
National Insurance
Table D
Rates and limits for 2010/11 (unchanged from 2009/10) |
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| Class 1 |
Weekly |
Monthly |
Yearly |
| Primary Threshold - employees (PT) |
£110 |
£476 |
£5,715 |
| Upper Accrual Point (UAP) |
770 |
3,337 |
40,040 |
| Upper Earnings Level - employees (UEL) |
844 |
3,656 |
43,875 |
|
| |
| Employer's Contribution |
Contracted In |
Contracted Out |
| |
|
Salary Related Scheme |
Money Purchase Scheme |
| On earnings up to PT |
Nil |
Nil |
Nil |
| On earnings between PT and UAP |
12.8% |
9.1% |
11.4% |
| On earnings above UAP |
12.8% |
12.8% |
12.8% |
|
| |
| Employee's Contribution |
Contracted in: 11% on earnings between PT and UEL, 1% above UEL.
Contracted Out: 9.4% on earnings between PT and UAP; 11% from UAP to UEL; 1% above UEL.
Earnings over £97 per week qualify for benefit (2009/10: £95), and must be reported under PAYE, but no NICs are payable until earnings exceed £110 per week.
The reduced Class 1 rate payable by certain married women and widows is 4.85% for earnings between £110 and £844 per week, 1% above £844 per week. |
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| Class 2 (Self-employed) |
Earnings over £5,075 per year |
£2.40 per week |
| Class 3 (Voluntary) |
No limit applicable |
£12.05 per week |
| Class 4 (Self-employed) |
Profits between £5,715 and £43,875 |
8% |
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Profits above £43,875 |
1% |
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