National Insurance Contributions (NICs)
2008/09
| Employer | Employee | ||
|---|---|---|---|
| Class 1 - not contracted out | |||
| Lower earnings limit | £90 | ||
| Weekly earnings band | |||
| Up to £105 | Nil | Mil | |
| £105.01 - £770 | 12.8% | 11% | |
| Over £770 | 12.8% | 1% | |
| Over state retirement age | 12.8% | Nil | |
| Class 1A | On relevant benefits | 12.8% | Nil |
| Class 2 | Self employed | £2.30 per week | |
| Limit of net earnings for exception | £4,825 per annum | ||
| Class 3 | Voluntary | £8.10 per week | |
| Class 4* | Self employed on profits | ||
| £5,435 - £40,040 | 8% | ||
| Excess over £40,040 | 1% | ||
| *Exemption applies if state retirement age was reached by 6 April 2008 | |||
