|
For Employed
|
Employee Contributions
|
Employer Contributions
|
|
Earnings per week
|
2009/10
|
2010/11
|
2009/10
|
2010/11
|
|
Below £97* (Lower earnings limit)
|
Nil
|
Nil
|
Nil
|
Nil
|
|
£97 to £110 (Primary/secondary threshold)
|
Nil
|
Nil
|
Nil
|
Nil
|
|
£110 to £844 (Upper earnings limit)
|
11%
|
11%
|
12.8%
|
12.8%
|
|
Above £844
|
1%
|
1%
|
12.8%
|
12.8%
|
|
* for 2009/10 the lower earnings limit was £95 per week.
|
|
For Self Employed
|
Class 2 per week
|
Class 4
|
|
Earnings per year
|
2009/10
|
2010/11
|
2009/10
|
2010/11
|
|
Below £5,075* (Small earnings exception)
|
Nil
|
Nil
|
Nil
| Nil
|
|
£5,075 to £5,715 (Lower profits limit)
|
£2:40
|
£2:40
|
Nil
|
Nil
|
|
£5,715 to £43,875 (Upper profits limit)
|
£2:40
|
£2:40
|
8%
|
8%
|
|
Above £43,875
|
£2:40
|
£2:40
|
1%
|
1%
|
Class 2 National Insurance Contributions are paid at a flat rate of £2:40 per week by all self-employed persons. * Those with profits less than, or expected to be less than, the level of Small Earnings Exception may apply for exemption from paying Class 2 contibutions.
|