Nl Contributions

View the most recent National Insurance Contributions information.

Class 1 employeeEmployee2022/23
Employer
Employee2021/22
Employer
NICs rate13.25%15.05%12%13.8%
No NICs for employees generally on the first£242 pw£175 pw£184 pw£170 pw
No NICs for younger/veteran employees on the first£242 pw£967 pw£184 pw£967 pw
No NICs for freeport employees on first£242 pw£481 pwN/AN/A
NICs rate charged up to£967 pwNo limit£967 pwNo limit
NICs on earnings over (3.25% 2022/23; 2% 2021/22)£967 pwN/A£967 pwN/A

1. Employees generally under 21 years and apprentices under 25 years. Veterans in first 12 months of civilian employment.
Employees at freeports in Great Britain in the first three years of employment starting from 6 April 2022.
£190 pw before 6 July 2022

Employment Allowance2022/232021/22
Per business£5,000£4,000

Not available if the sole employee is a director or employer’s NICs for 2021/22 £100,000 or more.

Earnings limits and thresholdsWeekly2022/23
Annual
Weekly2021/22
Annual
Lower earning limit£123£6,396£120£6,240
Primary threshold£242£12,570**£184£9,568
Primary threshold for company directorsN/A£11,908N/A£9,568
Secondary threshold£175 £9,100£170£8,840
Upper earnings limit (and upper secondary thresholds for younger/veteran employees)£967 £50,270£967£50,270
Upper secondary threshold for freeport employees£481 £25,000N/AN/A

£190 pw before 6 July 2022 ** £9,880 before 6 July 2022

Class 1A (Employers)2022/232021/22
Most taxable employee benefits15.05% 13.8%
Class 2 (Self-Employed)2022/232021/22
Flat rate£3.15 pw £163.80 pa£3.05 pw £158.60 pa
Small profits threshold£6,725 pa£6,515 pa
Class 4 (Self-Employed)2022/232021/22
On profits £11,908–£50,270 pa 10.25%£9,568–£50,270 pa 9%
Over £50,270 pa 3.25%Over £50,270 pa 2%
Voluntary2022/232021/22
Class 3 flat rate£15.85 pw £824.20 pa£15.40 pw £800.80 pa
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