Nl Contributions

View the most recent National Insurance Contributions information.

Class 1 employeeEmployee2020/21
Employer
Employee2019/20
Employer
NIC rate12%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 pwNo limit£962 pwNo limit
2% NICs on earnings over£962 pwN/A£962 pwN/A
* Employees generally under 21 years and apprentices under 25 years

Employment Allowance2020/212019/20
Per business
Not available if the sole employee is a director.
£4,000£3,000

Earnings limits and thresholdsWeekly2020/21
Annual
Weekly2019/20
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)2020/212019/20
Most taxable employee benefits13.8% 13.8%

Class 2 (Self-Employed)2020/212019/20
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)2020/212019/20
On profits £9,500–£50,000 pa 9%£8,632–£50,000 pa 9%
Over £50,000 pa
2%
Over £50,000 pa
2%

Voluntary2020/212019/20
Class 3 flat rate£15.30 pw £795.60 pa£15.00 pw £780.00 pa

 

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