Resources
National insurance contributions
| Class 1 (not contracted out) | Employer | Employee |
| Lower earnings limit | £87 | |
| Payable on weekly earnings | ||
| £100.01 - £670 | 12.8% | 11% |
| Over £670 | 12.8% | 1% |
| Men 65 and over and women 60 and over |
as above | Nil |
| Employees' contracted-out rebate | 1.6% | |
| Married women's reduced rate between £100 and £670 | 4.85% | |
| Employers' contracted-out rebate, salary-related schemes | 3.7% | |
| Employers' contracted-out rebate, money purchase schemes | 1.4% | |
| Class 1A (on relevant benefits) | 12.8% | Nil |
| Class 1B (on PAYE settlement arrangement) | 12.8% | |
| Class 2 (Self employed) | £2.20 per week | |
| Class 2 contributions - share fishermen | £2.85 per week | |
| Class 2 contributions - volunteer development workers | £4.35 per week | |
| Limit of net earnings for exception | £4,635 per annum | |
| Class 3 (Voluntary) | £7.80 per week | |
| Class 4* (Self employed on profits) | ||
| £5,225 to £34,840 | 8% | |
| Excess over £34,840 | 1% | |
| *Exemption applies if state retirement age was reached by 6 April 2007. | ||
| Maximum contributions | ||
| Class 1 or Class 1 & 2 | £3,323.10 + 1% of earnings over £670 | |
| Class 4 limiting amount | £2,485.80 + 1% of profits over £34,840 a year | |
For those earning between £87 per week and £670 per week, employers receive a rebate of 1.4% on contracted out money purchase schemes or 3.7% on contracted out final salary schemes, and employees, a rebate of 1.6% for either scheme.
For children under 16, men over 65 and women over 60 there are no employee national insurance contributions payable, but employers' contributions remain payable.
