|Class 1 (not contracted out)||Employer||Employee|
|Payable on weekly earnings of|
|Up to £109 (lower earnings limit)||Nil||Nil|
|£109 - £148 (employers’ earnings threshold)||Nil||0%*|
|£148.01 - £149 (employees’ earnings threshold)||13.8%||0%*|
|£149.01 - £797 (upper earnings limit)||13.8%||12%|
|Over state pension age, the employee contribution is generally nil
* No NICs are actually payable but notional Class 1 NIC is deemed to have been paid; this protects certain state benefit entitlements.
|Class 1A (on relevant benefits)||13.8%||Nil|
|Class 1B (on PAYE settlement arrangement)||13.8%||Nil|
|Class 2 (Self employed)||£2.70 per week|
|Limit of net earnings for exception||£5,725 per annum|
|Class 3 (Voluntary)||£13.55 per week|
|Class 4* (Self employed on profits)|
|£7,755 - £41,450||9%|
|Excess over £41,450||2%|
|*Exemption applies if state pension age was reached by 6 April 2013.|
For those earning between £109 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%.
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