National Insurance Contributions

This information has been updated for the 2012/13 tax year.

Class 1 (Employees)	Contracted In	Contracted Out
Employee contributions
- on earnings £146.01 - £770pw	12.0%	10.6%
- on earnings £770.01 - £817pw	12.0%	12.0%
- on earnings above £817pw	2.0%	2.0%
Employer contributions
- on earnings £144.01 - £770pw	13.8%	10.4%
- on earnings above £770pw	13.8%	13.8%

Employer contributions (at 13.8%) are also due on most taxable benefits (Class 1A) and on tax paid on an employee's behalf under a PAYE settlement agreement (Class 1B).

Class 2 (Self-employed)
Flat rate per week	£2.65
Small earnings exception: profits per annum	£5,595

Class 3 (Voluntary)
Flat rate per week	£13.25

Class 4 (Self-employed)
On profits £7,225 - £42,475	9.0%
On profits £42,475	2.0%

You are advised to consult us before acting on any information contained herein.