Class 1 (not contracted out) | Employer | Employee |
Payable on weekly earnings of | | |
Up to £107 (lower earnings limit) | Nil | Nil |
£107 - £144 (employers’ earnings threshold) | Nil | Nil |
£144.01 - £146 (employees’ earnings threshold) | 13.8% | Nil |
£146.01 - £770 (upper accrual point) | 13.8% | 12% |
£770.01 - £817 (upper earnings limit) | 13.8% | 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 - £42,475 | 9% |
Excess over £42,475 | 2% |
*Exemption applies if state retirement age was reached by 6 April 2012. |