National Insurance Contributions

Class 1
2014/152013/14
Lower earnings limit, primary Class 1 (per week)£111£109
Upper earnings limit, primary Class 1 (per week)£805£797
Upper accrual point *£770£770
Primary threshold (per week)£153£149
Secondary threshold (per week)£153£148
Employment allowance (per year per employer)£2,000N/A
Employee’s primary Class 1 rate between primary threshold and upper earnings limit12.00%12.00%
Employee’s primary Class 1 rate above upper earnings limit 2.00%2.00%
Employee’s contracted-out rebate – salary-related scheme1.40%1.40%
Married woman’s reduced rate between primary threshold and upper earnings limit5.85% 5.85%
Married woman’s rate above upper earnings limit2.00%2.00%
Employer’s secondary Class 1 rate above secondary threshold13.80% 13.80%
Employer’s secondary Class 1 rate above secondary threshold (contracted out)10.40%10.40% 
Employer’s contracted-out rebate, salary-related schemes (between LEL and UAP)3.40% 3.40%
Class 2 (Self employed)
Class 2 rate (per week)£2.75£2.70
Class 2 small earning exception (per year)£5,885£5,725
Special Class 2 rate for share fishermen (per week)£3.40£3.35
Special Class 2 rate for volunteer development workers£5.55£5.45
Class 3 (Voluntary)
Class 3 rate (per week)£13.90£13.55
Class 4* (Self employed on profits)
Class 4 lower profits limit£7,956£7,755
Class 4 upper profits limit£41,865£41,450
Class 4 rate between lower profits limit and upper profits limit9.00% 9.00%
Class 4 rate above upper profits limit2.00%2.00%
*Exemption applies if state retirement age was reached by 6 April 2012.

 

Note

For those earning between £107 per week and £770 per week, employers receive a rebate of 3.4% on contracted out salary related schemes, and employees a rebate of 1.4%.