View the most recent National Insurance Contributions information.
| Class 1 employee | Employee | 2020/21 Employer | Employee | 2019/20 Employer |
|---|---|---|---|---|
| NIC rate | 12% | 13.8% | 12% | 13.8% |
| No NICs for younger employees on the first* | £183 pw | £962 pw | £166 pw | £962 pw |
| No NICs for employees generally on the first | £183 pw | £169 pw | £166 pw | £166 pw |
| NIC rate changed up to | £962 pw | No limit | £962 pw | No limit |
| 2% NICs on earnings over | £962 pw | N/A | £962 pw | N/A |
| Employment Allowance | 2020/21 | 2019/20 |
|---|---|---|
| Per business Not available if the sole employee is a director. | £4,000 | £3,000 |
| Earnings limits and thresholds | Weekly | 2020/21 Annual | Weekly | 2019/20 Annual |
|---|---|---|---|---|
| Lower earning limit | £120 | £6,240 | £118 | £6,136 |
| Primary threashold | £183 | £9,500 | £166 | £8,632 |
| Secondary threshold | £169 | £8,788 | £166 | £8,632 |
| Upper earnings limit (and upper secondary thresholds*) | £962 | £50,000 | £962 | £50,000 |
* Employees generally under 21 years and apprentices under 25 years.
| Class 1A (Employers) | 2020/21 | 2019/20 |
|---|---|---|
| Most taxable employee benefits | 13.8% | 13.8% |
| Class 2 (Self-Employed) | 2020/21 | 2019/20 |
|---|---|---|
| Flat rate | £3.05 pw £158.60 pa | £3.00 pw £156.00 pa |
| Small profits threshold: No NICs if profits do not exceed | £6,475 pa | £6,365 pa |
| Class 3 Self-Employed | |
|---|---|
| Flat rate | £14.65 per week |
| Class 4 (Self-Employed) | 2020/21 | 2019/20 |
|---|---|---|
| On profits | £9,500–£50,000 pa 9% | £8,632–£50,000 pa 9% |
| Over £50,000 pa 2% | Over £50,000 pa 2% |
| Voluntary | 2020/21 | 2019/20 |
|---|---|---|
| Class 3 flat rate | £15.30 pw £795.60 pa | £15.00 pw £780.00 pa |
