Wrigley Partington

Chartered Accountants & Business Advisors

National Insurance

Tax and accountancy

Rates applicable for 2017-18

  Employer Employee
Class 1 (not contracted out) (Secondary) (Primary)
Lower earnings limit   £113
Employee earnings threshold   £157
Upper earnings limit   £866
Payable on weekly earnings of:
£113.01 - £157.00 Nil * 0%
£157.01 - £866.00 13.8% 12%
£157.01 -£866.00 (under 21's & apprentices under 25) 0%  
Over £866 13.8% 2%
Over state retirement age** As above Nil
*No NIC paid but zero rate protects contributory benefit entitlement
Empoyer Allowance £3,000  
Class 1A on relevant benefits 13.8% Nil
Class 2 Self Employed (to be collected through self assessment 2015-16) £2.85 per week
Limit of net earnings for exception £6,025 per annum
Class 3 Voluntary £14.25 per week
Class 4**Self employed on profits
£8,164 - £45,000 9%
Excess over £45,000 2%
 
**Exemption applies if state retirement age was reached by 6 April 2016

Address

Wrigley Partington Chartered Accountants

Sterling House

501 Middleton Road

Chadderton, Oldham

OL9 9LY