Nl Contributions

View the most recent National Insurance Contributions information.

Class 1 EmployeeEmployer
NIC rate12%13.8%
No NIC on the first: Under 21* £162 pw£892 pw
21 and over* £162 pw£162 pw
NIC rate changed up to£892 pwNo limit
2% NICs on earnings over£892 pwN/A
Certain married women5.85%13.8%

* For 2018/19 for apprentices under 25 years.

Earnings limits and thresholdsWeeklyMonthlyAnnual 2018/19
Lower earning limit£116 £503£6,032
Primary threashold£162 £702£8,424
Secondary threshold£162£702£8,424
Upper earnings limit (and upper secondary thresholds*)£892 £3,863£46,350

* Employees generally under 21 years and apprentices under 25 years.

Class 1A Employer
On relevant benefits13.8%

Class 2 Self-Employed
Flat rate£2.95 per week
Small profits threshold£6,205 per annum

Class 3 Self-Employed
Flat rate£14.65 per week

Class 4 Self-Employed
On profits £8,424 -£46,350 pa9%
Over £46,3502%

Employment Allowance
Per business. Not available if a director is the sole employee.£3000

* Payable per business. Not available if a director is the sole employee.

  • Don’t hesitate to ask

    SBL are here to help. With accountancy advice and tax planning experts on hand to guide you and your business on the pathway to success! You can call us on 020 7580 6822, or email us on or if you’d prefer you can complete our Free Online Enquiry Form and one of the team will be in touch shortly.

    Don’t hesitate to ask

    Don’t hesitate to ask section
    • This field is for validation purposes and should be left unchanged.

    By submitting my details on this form, I consent to being contacted by a member of the SBL Accountants team by email or telephone. Privacy Policy