Pay online

Privacy notice

Contact us

Map

Client login

01332 202660

e-signing

guide

email

Accountant background

NATIONAL INSURANCE

BANDS

ALLOWANCES &

TAX RATES

BANDS

ALLOWANCES &

TAX RATES

OUR

PROCESS

GET IN TOUCH
WITH US

GET TO KNOW

US

National Insurance contributions qualify you for certain benefits including the State Pension.

RATES - CLASS 1 EMPLOYER AND EMPLOYEE 2017/18 2018/19 2019/20
Thresholds (per week)
Lower earnings limit (LEL) (employees and employers) £113 £116 £118
Primary threshold (PT) (employees) £157 £162 £166
Secondary threshold (ST) (employers) £157 £162 £166
Upper earnings limit (UEL) (employees only) £866 £892 £962
Upper secondary threshold (UST) for under 21s (employers) £866 £892 £962
Apprentice upper secondary threshold (AUST) for under 25s £866 £892 £962
RATES - CLASS 1 EMPLOYER AND EMPLOYEE
Employee rates
Earnings below LEL 0% 0% 0%
Earnings between LEL and PT 0% 0% 0%
Earnings between PT and UEL 12% 12% 12%
Deferred rate for certain employees with more than one job 2% 2% 2%
Earnings above UEL 2% 2% 2%
Employer rates
Earnings below ST, UST or AUST 0% 0% 0%
Above ST, UST or AUST 13.8% 13.8% 13.8%
Employment allowance (EA) - offset against employer's Class 1 NICs £3,000 £3,000 £3,000
Class 1A - on employer-provided benefits-in-kind 13.8% 13.8% 13.8%
RATES - OTHER
Class 2 (self-employed flat rate) - per week £2.85 £2.95 £3.00
Small earnings exception (per year) £6,025 £6,205 £6,365
Class 3 (entitlement to pension & other benefits) - per week £14.25 £14.65 £15.00
Class 4 (self-employed) Lower profits limit LPL (per year) £8,164 £8,424 £8,632
Upper profits limit UPL (per year) £45,000 £46,350 £50,000
Rate - below LPL 0% 0% 0%
Rate - between LPL and UPL 9% 9% 9%
Rate - above UPL 2% 2% 2%

Registered office: 61 Friar Gate, Derby, Derbyshire, DE1 1DJ   T: 01332 202660

Adrian Mooy & Co is the trading name of Adrian Mooy & Co Ltd.  Registered in England No. 05770414

Registered as auditors in the United Kingdom by the Association of Chartered Certified Accountants auditregister.org.uk 8011438

       Services

Member of the Association of Chartered Certified Accountants
Phone

01332 202660

61 Friar Gate  Derby  DE1 1DJ

Sign

  up

 

Newsletter 

Tax planning
Tax problems