Income Tax National Insurance Contributions Corporation Tax Value Added Tax Mileage Allowances Capital Allowances Charitable Giving Capital Gains Tax Vehicle Benefits Pension Premiums Inheritance Tax Stamp Tax Land and Buildings Transaction Tax Savings and Investments Some Useful Rates Key Dates and Deadlines Class 1 (not contracted out) Employee (primary) Payable on weekly earnings of Below £112 (lower earnings limit) 0% £112 - £155 (primary threshold) 0%* £155.01 - £815 (upper earnings limit) 12%** £156.01 - £815 (upper secondary threshold - under 21s) 12% Above £815 2%** * No NICs are actually payable but notional Class 1 NIC is deemed to have been paid; this protects certain state benefit entitlements. ** Over state pension age, the employee contribution is generally nil Employer (secondary) Up to £156 (secondary threshold) Nil Above £156 13.8% £156.01 - £815 (upper secondary threshold - under 21s) 0% Employment Allowance Up to £2,000 (per year) Class 1A (on relevant benefits) 13.8% Class 1B (on PAYE settlement arrangement) 13.8% Class 2 (Self employed) £2.80 per week Small profits threshold £5,965 per annum Class 3 (Voluntary) £14.10 per week Class 4* (Self employed on annual profits) £8,060 - £42,385 9% Excess over £42,385 2% *Exemption applies if state pension age was reached by 6 April 2015. Note For those earning between £112 per week and £770 per week, employers receive a rebate of 3.4% on contracted out salary related schemes, and employees a rebate of 1.4%. arrange a face to face meeting to discuss your accounting requirements Calculate your take home pay Complete Accounting Service Click here for a full list of what we do. Forming a company We are here to take all the hassle, stress and worry out of setting up your business. Talk to a real person We believe in having real face time with everyone of our customers. 24/7 Account Manager We know how important it is to have support when you need it. Choosing an accountant It's a big decision, but here are a few facts to help you decide if we are right for you. Registered Office: 85 Tottenham Court Road, London, W1T 4TQ | Company number 08097388View our Privacy Policy