Wrigley Partington

Chartered Accountants & Business Advisors

National Insurance

Tax and accountancy

Rates applicable for 2018-19

  Employer Employee
Class 1 (not contracted out) (Secondary) (Primary)
Lower earnings limit   £116
Employee earnings threshold   £162
Upper earnings limit   £892
Payable on weekly earnings of:
£116.01 - £162.00 Nil * 0%
£162.01 - £892.00 13.8% 12%
£162.01 -£892.00 (under 21's & apprentices under 25 0%  
Over £892 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 2015-16) £2.95 per week
Limit of net earnings for exception £6,205 per annum
Class 3 Voluntary £14.25 per week
Class 4**Self employed on profits
£8,424 - £46,350 9%
Excess over £46,350 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