National Insurance Contributions

Class 1 (not contracted out) Employer Employee Payable on weekly earnings of     £95 (lower earnings limit) to £110 0% 0% £110.01 - £770 (upper accrual point) 12.8% 11% £770.01 - £844 (upper earnings limit) 12.8% 11% Over £844 12.8% 1% Over state retirement age, the employee contribution is Nil     Class 1A (on relevant benefits) 12.8% Nil     Class 1B (on PAYE settlement arrangement) 12.8% Nil     Class 2 (Self employed) £2.40 per week Limit of net earnings for exception £5,075 per annum     Class 3 (Voluntary) £12.05 per week     Class 4 (* Self employed on profits)   £5,715 - £43,875 8% Excess over £43,875 1% *Exemption applies if state retirement age was reached by 6 April 2009.

Note

For those earning between £95 per week and £770 per week, employers receive a rebate of 1.4% on contracted out money purchase schemes or 3.7% on contracted out final salary schemes, and employees, a rebate of 1.6% for either scheme.