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National Insurance

£ per week 2013-14
Lower earnings limit, primary Class 1 £109
Upper earnings limit, primary Class 1 £797
Upper accrual point £770
Primary threshold £149
Secondary threshold £148
Employees’ primary Class 1 rate between primary threshold and upper earnings limit 12%
Employees’ primary Class 1 rate above upper earnings limit 2%
Class 1A rate on employer provided benefits* 13.8%
Employees’ contracted-out rebate 1.4%
Married women’s reduced rate between primary threshold and upper earnings limit 5.85%
Married women’s rate above upper earnings limit 2%
Employers’ secondary Class 1 rate above secondary threshold 13.8%
Employers’ contracted-out rebate, salary-related schemes 3.4%
Class 2 rate £2.70
Class 2 small earnings exception £5,725 per year
Special Class 2 rate for share fishermen £3.35
Special Class 2 rate for volunteer development workers £5.45
Class 3 rate £13.55
Class 4 lower profits limit £7,755 per year
Class 4 upper profits limit £41,450 per year
Class 4 rate between lower profits limit and upper profits limit 9%
Class 4 rate above upper profits limit 2%
Additional primary Class 1 percentage rate on deferred employments 2%
Additional Class 4 percentage rate where deferment has been granted 2%

 

 

*Class 1A NICs are payable in July and are calculated on the value of taxable benefits provided in the previous tax year, using the secondary Class 1 percentage rate appropriate to that tax year.

 


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