National Insurance Contributions

Class 1 (not contracted out) Employer Employee
Lower earnings limit
£90
Payable on weekly earnings
£105.01 - £770
12.8%
11%
Over £770
12.8%
1%
Over state retirement age
12.8%
Nil
 
Class 1A (on relevant benefits)
12.8%
Nil
 
Class 1B (on PAYE settlement arrangement)
12.8%
Nil
 
Class 2 (Self employed)
£2.30 per week
Limit of net earnings for exception
£4,825 per annum
 
Class 3 (Voluntary)
£8.10 per week
 
Class 4 (* Self employed on profits)
£5,435 to £40,040
8%
Excess over £40,040
1%
*Exemption applies if state retirement age was reached by 6 April 2008.

Note
For those earning between £90 per week and £770 per week, employers receive a rebate of 1.4% on contracted out money purchase schemes or 3.7% on contracted out final salary schemes, and employees, a rebate of 1.6% for either scheme.