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National Insurance contributions qualify you for certain benefits including the State Pension.

RATES - CLASS 1 EMPLOYER AND EMPLOYEE 2017/18 2018/19 2019/20
Thresholds (per week)
Lower earnings limit (LEL) (employees and employers) £113 £116 £118
Primary threshold (PT) (employees) £157 £162 £166
Secondary threshold (ST) (employers) £157 £162 £166
Upper earnings limit (UEL) (employees only) £866 £892 £962
Upper secondary threshold (UST) for under 21s (employers) £866 £892 £962
Apprentice upper secondary threshold (AUST) for under 25s £866 £892 £962
RATES - CLASS 1 EMPLOYER AND EMPLOYEE
Employee rates
Earnings below LEL 0% 0% 0%
Earnings between LEL and PT 0% 0% 0%
Earnings between PT and UEL 12% 12% 12%
Deferred rate for certain employees with more than one job 2% 2% 2%
Earnings above UEL 2% 2% 2%
Employer rates
Earnings below ST, UST or AUST 0% 0% 0%
Above ST, UST or AUST 13.8% 13.8% 13.8%
Employment allowance (EA) - offset against employer's Class 1 NICs £3,000 £3,000 £3,000
Class 1A - on employer-provided benefits-in-kind 13.8% 13.8% 13.8%
RATES - OTHER
Class 2 (self-employed flat rate) - per week £2.85 £2.95 £3.00
Small earnings exception (per year) £6,025 £6,205 £6,365
Class 3 (entitlement to pension & other benefits) - per week £14.25 £14.65 £15.00
Class 4 (self-employed) Lower profits limit LPL (per year) £8,164 £8,424 £8,632
Upper profits limit UPL (per year) £45,000 £46,350 £50,000
Rate - below LPL 0% 0% 0%
Rate - between LPL and UPL 9% 9% 9%
Rate - above UPL 2% 2% 2%

Registered office: 61 Friar Gate, Derby, Derbyshire, DE1 1DJ

Adrian Mooy & Co is the trading name of Adrian Mooy & Co Ltd.  Registered in England No. 05770414

Registered to carry out audit work by the Association of Chartered Certified Accountants - auditregister.org.uk 8011438

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Member of the Association of Chartered Certified Accountants
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01332 202660

61 Friar Gate  Derby  DE1 1DJ

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