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. |