National insurance

EMPLOYERS AND EMPLOYEES

Class 1

Employees

Employers

Weekly earnings

On first £110.00 (£105.00)

NIL

£110.01 to £844.00 (£105.01 to £770.00)

11%

12.80%

£844.00+ (£770.00+)

12.80%

Class 1A	12.8% NIC on benefits in kind payable on 19th July after the end of the tax year.
Class 1B	12.8% payable on PAYE Settlement Agreement benefits, tax due 19th October after the end of the tax year.
Class 2	Self employed flat rate of £2.40 per week.
Class 3	Voluntary contributions at a rate of £12.05 per week.

Class 4 - Self-employed earning rate	2010/11	2009/10
Profits between £5,715 (£5,435) and £43,875 (£40,040) per annum	8%	8%
Profits in excess of £43,875 (£40,040) per annum	1%	1%

For information of users: This material is published for the information of clients. It provides only an overview of the regulations in force at the date of publication, and no action should be taken without consulting the detailed legislation or seeking professional advice. Therefore no responsibility for loss occasioned by any person acting or refraining from action as a result of the material can be accepted by the authors or the firm.

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