| National
Insurance Contributions
|
| 2009/10 |
|
|
|
| Class 1
(earnings related) |
Not
Contracted out |
Contracted
out |
| Employees |
|
|
|
| Weekly earnings |
|
|
|
| First £110 |
Nil
|
Nil
|
| £110.01
- £770 |
11%
|
9.4%
|
| £770.01 -
£844 |
11%
|
11%
|
| Over £844 |
1% |
1% |
|
|
|
|
| Employers |
NCO
|
SRS
|
MPS |
| Weekly earnings |
|
|
|
| First £110 |
Nil
|
Nil
|
Nil
|
| £110.01
- £770 |
12.8%
|
9.1%
|
11.4%
|
| £770 |
12.8%
|
12.8%
|
12.8%
|
| NCO = Not Contracted Out |
|
| SRS = Salary-Related Schemes |
| MPS = Money Purchase Schemes |
| |
| Employees' rates
are reduced to 4.85% for married women with valid certificates
of election but the 1% rate above £884 still applies.
Rates are nil for men over 65 and women over 60. Normal employers'
contributions are still payable. |
| Employers receive
a rebate of 3.7% for salary-related schemes and 1.4% for money
purchase schemes on earnings from £95 to £110 per
week. A rebate of 1.6% on earnings from £95 to £110
per week is given to employees (or employers where insufficient
contributions have been paid for offset) |
| |
| |
| Class
1A and
Class 1B - 12.8% |
Class 2 -(Self-employed)
Flat rate £2.30
a week. Small earnings exemption £5,075 a year. |
Class 3 -(Voluntary
contributions)
£12.05 a week. |
| Class 4
-(Self-employed)
8% of profits between
£5,715 and £43,875 per year. 1% of profits above
£43,875 per year.
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