Wrigley Partington

Chartered Accountants & Business Advisors

National Insurance

Tax and accountancy

Rates applicable for 2019-20

  Employer Employee
Class 1 (not contracted out) (Secondary) (Primary)
Lower earnings limit   £118
Employee earnings threshold   £166
Upper earnings limit   £962
Payable on weekly earnings of:
£118.01 - £166.00 Nil * 0%
£166.01 - £962.00 13.8% 12%
£166.01 - £962.00 (under 21's & apprentices under 25 0%  
Over £962 13.8% 2%
Over state retirement age** As above Nil
*No NIC paid but zero rate protects contributory benefit entitlement
Employment Allowance £3,000  
Class 1A on relevant benefits 13.8% Nil
Class 2 Self Employed (to be collected through self assessment ) £3.00 per week
Limit of net earnings for exception £6,365 per annum
Class 3 Voluntary £15.00 per week
Class 4**Self employed on profits
£8,632 - £50,000 9%
Excess over £50,000 2%
 
**Exemption applies if state retirement age was reached by 6 April 2018

Address

Wrigley Partington Chartered Accountants

Sterling House

501 Middleton Road

Chadderton, Oldham

OL9 9LY