National Insurance Contribuitons Rates and Allowances
|
£ per week
|
2008-09
|
2009-10
|
2010-11
|
|
Lower earnings limit, primary Class 1
|
£90
|
£95
|
£97
|
|
Upper earnings limit, primary Class 1
|
£770
|
£844
|
£844
|
|
Upper accruals point
|
N/A
|
£770
|
£770
|
|
Primary threshold
|
£105
|
£110
|
£110
|
|
Secondary threshold
|
£105
|
£110
|
£110
|
|
Employees’ primary Class 1 rate between primary threshold and upper earnings limit
|
11%
|
11%
|
11%
|
|
Employees’ primary Class 1 rate above upper earnings limit
|
1%
|
1%
|
1%
|
|
Class 1A rate on employer provided benefits (1)
|
12.8%
|
12.8%
|
12.8%
|
|
Employees’ contracted-out rebate
|
1.6%
|
1.6%
|
1.6%
|
|
Married women’s reduced rate between primary threshold and upper earnings limit
|
4.85%
|
4.85%
|
4.85%
|
|
Married women’s rate above upper earnings limit
|
1%
|
1%
|
1%
|
|
Employers’ secondary Class 1 rate above secondary threshold
|
12.8%
|
12.8%
|
12.8%
|
|
Employers’ contracted-out rebate, salary-related schemes
|
3.7%
|
3.7%
|
3.7%
|
|
Employers’ contracted-out rebate, money-purchase schemes
|
1.4%
|
1.4%
|
1.4%
|
|
Class 2 rate
|
£2.30
|
£2.40
|
£2.40
|
|
Class 2 small earnings exception
|
£4,825 per year
|
£5,075 per year
|
£5,075 per year
|
|
Special Class 2 rate for share fishermen
|
£2.95
|
£3.05
|
£3.05
|
|
Special Class 2 rate for volunteer development workers
|
£4.50
|
£4.75
|
£4.85
|
|
Class 3 rate
|
£8.10
|
£12.05
|
£12.05
|
|
Class 4 lower profits limit
|
£5, 435 per year
|
£5, 715 per year
|
£5, 715 per year
|
|
Class 4 upper profits limit
|
£40, 040 per year
|
£43, 875 per year
|
£43, 875 per year
|
|
Class 4 rate between lower profits limit and upper profits limit
|
8%
|
8%
|
8%
|
|
Class 4 rate above upper profits limit
|
1%
|
1%
|
1%
|
|
per week (unless stated)
|
2010-11
|
2011-12
|
|
Lower earnings limit, primary Class 1
|
£97
|
£102
|
|
Upper earnings limit, primary Class 1
|
£844
|
£817
|
|
Upper Accruals point
|
£770
|
£770
|
|
|
|
|
|
Primary threshold
|
£110
|
£139
|
|
Secondary threshold
|
£110
|
£136
|
|
Employees’ primary Class 1 rate between primary threshold and upper earnings limit
|
11%
|
12%
|
|
Employees’ primary Class 1 rate above upper earnings limit
|
1%
|
2%
|
|
Employees’ contracted-out rebate - salary-related schemes
|
1.6%
|
1.6%
|
|
Employees’ contracted-out rebate - money-purchase schemes
|
1.6%
|
1.6%
|
|
Married women’s reduced rate between primary threshold and upper earnings limit
|
4.85%
|
5.85%
|
|
Married women’s rate above upper earnings limit
|
1%
|
2%
|
|
Employers’ secondary Class 1 rate above secondary threshold
|
12.8%
|
13.8%
|
|
Employers’ contracted-out rebate, salary-related schemes
|
3.7%
|
3.7%
|
|
Employers’ contracted-out rebate, money-purchase schemes
|
1.4%
|
1.4%
|
|
Class 2 rate
|
£2.40
|
£2.50
|
|
Class 2 small earnings exception (per year)
|
£5,075
|
£5,315
|
|
Special Class 2 rate for share fishermen
|
£3.05
|
£3.15
|
|
Special Class 2 rate for volunteer development workers
|
£4.75
|
£5.10
|
|
Class 3 rate (per week)
|
£12.05
|
£12.60
|
|
  I switched from my conventional accountant so I could access my accounts on a 24/7 basis and my accountancy bill has reduced from over £6,000.00 to just £1896.00. The staff at Net Accounting are so helpful and I have absolutely no complaints. I look forward to dealing with Net Accounting for many years to come. Churston Finance Ltd   |
