National Insurance Contributions
| 2010/11 | 2009/10 |
|---|---|
| Employee: | Employee: |
No NICs where earnings are up to £110 a week 11% NICs on £110.01-£844 a week 1% NICs over £844 a week |
No NICs where earnings are up to £110 a week 11% NICs on £110.01-£844 a week 1% NICs over £844 a week |
| Employer: | Employer: |
|---|---|
No NICs on the first £110 a week 12.8% NICs over £110 a week |
No NICs on the first £110 a week 12.8% NICs over £110 a week |
| 2010/11 | 2009/10 | |||||
|---|---|---|---|---|---|---|
| Weekly | Monthly | Annual | Weekly | Monthly | Annual | |
| Lower limit (LEL): | £97 | £421 | £5,044 | £95 | £412 | £4,940 |
| Earnings threshold: |
£110 | £476 | £5,715 | £110 | £476 | £5,715 |
| Upper accrual point: | £770 | £3,337 | £40,040 | £770 | £3,337 | £40,040 |
| Upper limit (UEL): | £844 | £3,656 | £43,875 | £844 | £3,656 | £43,875 |
| 2010/11 | 2009/10 | ||
|---|---|---|---|
| Reduction on band earnings | £97.01 - £770 pw | £95.01 - £770 pw | |
| Employer rate reduction: | |||
| - | Salary-related scheme | 3.7% |
3.7 |
| - | Money-purchase scheme | 1.4% |
1.4% |
| Employee rate reduction: | 1.6% |
1.6% |
|
| 2010/11 | 2009/10 | |
|---|---|---|
| Employee rate reduction: | 12.8% |
12.8% |
| 2010/11 | 2009/10 | |
|---|---|---|
| Flat rate: | £2.40 pw £124.80 pa |
£2.40 pw £124.80 pa |
| Small earnings exception: | £5,075 pa | £5,075 pa |
| 2010/11 | 2009/10 | |
|---|---|---|
| On profits: | £5,715 - £43,875 pa | £5,715 - £43,875 pa |
| Small earnings exception: | £5,075 pa 8% |
£5,075 pa 8% |
| Over £43,875 pa 1% |
Over £43,875 pa 1% |
| 2010/11 | 2009/10 | |
|---|---|---|
| Flat rate: | £12.05 pw £626.60 pa |
£12.05 pw £626.60 pa |
| 12.8% |
| 2009/10 | 2008/9 | |||||
|---|---|---|---|---|---|---|
| Weekly | Monthly | Annual | Weekly | Monthly | Annual | |
| Lower Earnings limit: | £95 | £412 | £4,940 | £90 | £390 | £4,680 |
| Earnings threshold: |
£110 | £476 | £5,715 | £105 | £453 | £5,435 |
| Upper accrual point: | £770 | £3,337 | £40,040 | N/A | N/A | N/A |
| UpperEarnings Limit: | £844 | £3,656 | £43,875 | £770 | £3,337 | £43,875 |
| 2009/10 | 2008/9 | ||
|---|---|---|---|
| Class 2: | Flat Rate | £2.40 pw £124.80 pa | £2.30 pw £119.60 pa |
| - | Small earnings exception | £5,075 pa |
£4,825 pa |
| Class 4: * | On profits | £5,715 – £43,875 pa 8% |
£5,435 – £40,040 pa 8% |
| Over £43,875 pa 1% |
Over £43,875 pa: 1% |
||
| *Unless over state pension age on 6 April | |||
| 2009/10 | 2008/9 | ||
|---|---|---|---|
| Class 3: | Flat Rate | £12.05 pw £626.60 pa |
£8.10 pw £421.20 pa |