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Tel 0141 221 9511

National Insurance Contributions (NICs)

2012/13 Employer Employee
Class 1 – not contracted out
Payable on weekly earnings of
 
 
Below £107 (lower earnings limit)
Nil
Nil
£107 to £144 (employers’ earnings threshold)
Nil
Nil
£144.01 – £146 (employees’ earnings threshold)
13.8%
Nil
£146.01 – £770 (upper accrual point)
13.8%
12%
£770.01 – £817 (upper earnings limit)
13.8%
12%
over £817
13.8%
2%
Over state retirement age, the employee contribution is generally nil

 
 
Class 1A On relevant benefits
13.8%
Nil
Class 2 Self employed
£2.65 per week
Limit of net earnings for exception
£5,595 per annum
Class 3 Voluntary
£13.25 per week
Class 4* Self employed on profits
 
£7,605 – £42,475
9%
Excess over £42,475
2%
*Exemption applies if state retirement age was reached by 6 April 2012.