National insurance
2020/21 Class 1 (employed) rates
Employee | Employer |
Earnings per week | % | Earnings per week | % |
Up to £183 | 0 | Up to £169 | 0 |
£183.01 - £962 | 12 | Over £169 | 13.8 |
Over £962 | 2 | | |
Entitlement to contribution-based benefits for employees retained for earnings between £120 and £183 per week.
The employer rate is 0% for employees under 21 and apprentices under 25 on earnings up to £962 per week.
Class 1A (employers) | On employee taxable benefits | 13.8% |
Class 1B (employers) | On PAYE Settlement Agreements | 13.8% |
Class 2 (self-employed) | Flat rate per week | £3.05 |
Small profits threshold | £6,475 per annum |
Class 3 (voluntary) | Flat rate per week | £15.30 |
Class 4 (self-employed) | On profits between £9,500 - £50,000 | 9% |
Excess over £50,000 | 2% |