NI Contributions

Class 1 (not contracted out) Employer Employee
Payable on weekly earnings of
Below £107 (lower earnings limit) 0% 0%
£107 – £144 0% 0%
£144.01 – £146 13.8% 0%
£146.01 – £817 (upper earnings limit) 12.8% 12%
Over £817 13.8% 2%
Over state retirement age, the employee contribution is generally Nil
Class 1A (on relevant benefits) 13.8% Nil
Class 1B (on PAYE settlement arrangement) 13.8% Nil
Class 2 (Self employed) £2.65 per week
Limit of net earnings for exception £5,595 per annum
Class 3 (Voluntary) £13.25 per week
Class 4* (Self employed on profits)
£7,605 to £42,475 9%
Excess over £42,475 2%
*Exemption applies if state retirement age was reached by 6 April 2012.

Note

For those earning between £144 per week and £817 per week, employers receive a rebate of 3.4% on contracted out final salary schemes, and employees, a rebate of 1.4%. The rebate for money purchase schemes is abolished from 6 April 2012.

For children under 16, and employees over state pension age there are no national insurance contributions payable, but employers’ contributions remain payable.