National insurance contributions (NICs)
2019/20 Class 1 (employed) rates
| Employee |
Employer |
| Earnings per week |
% |
Earnings per week |
% |
| Up to £166 |
0 |
Up to £166 |
0 |
| £166.01 - £962 |
12 |
Over £166 |
13.8 |
| Over £962 |
2 |
|
|
Entitlement to contribution-based benefits for employees retained for earnings between £118.01 and £166 per week.
The employer rate is 0% for employees under 21 and apprentices under 25 on earnings up to £962 per week.
| Class 1A (employers) |
On employee taxable benefits |
13.8% |
| Class 1B (employers) |
On PAYE Settlement Agreements |
13.8% |
| Class 2 (self-employed) |
Flat rate per week |
£3.00 |
| Small profits threshold |
£6,365 per annum |
| Class 3 (voluntary) |
Flat rate per week |
£15.00 |
| Class 4 (self-employed) |
On profits between £8,632 - £50,000 |
9% |
| Excess over £50,000 |
2% |
In a change to the government's previous plans, Class 2 NICs are no longer set to be abolished from April 2019.