National Insurance
2020/21 Class 1 (employed) rates
Employee |
|
Employer |
|
|
Earnings per week |
% |
Earnings per week |
% |
|
Up to £183 |
0 |
Up to £169 |
0 |
|
£183.01 - £962 |
12 |
Over £169 |
13.8 |
|
Over £962 |
2 |
Entitlement to contribution-based benefits for employees retained for earnings between £120 and £183 per week.
The employer rate is 0% for employees under 21 and apprentices under 25 on earnings up to £962 per week.
|
Class 1A (employers) |
On employee taxable benefits |
13.8% |
|
Class 1B (employers) |
On PAYE Settlement Agreements |
13.8% |
|
Class 2 (self-employed) |
Flat rate per week |
£3.05 |
|
|
Small profits threshold |
£6,475 per annum |
|
Class 3 (voluntary) |
Flat rate per week |
£15.30 |
|
Class 4 (self-employed) |
On profits between £9,500 - £50,000 |
9% |
|
Excess over £50,000 |
2% |