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National Insurance
2013/14 Class 1 (employed) contracted in rates |
|||
| Employee | Employer | ||
| Earnings per week | % | Earnings per week | % |
| Up to £149 | Nil* | Up to £148 | Nil |
| £149.01 - £797 | 12 | Over £148 | 13.8 |
| Over £797 | 2 | ||
| *Entitlement to contribution-based benefits retained for earnings between £109 and £149 per week. | |||
| Class 1A (employers) | 13.8% on employee taxable benefits |
| Class 1B (employers) | 13.8% on PAYE Settlement Agreements |
| Class 2 (self-employed) | flat rate per week £2.70 small earnings exception p.a. £5.725 p.a. |
| Class 3 (voluntary) | flat rate per week £13.55 |
| Class 4 (self-employed) | 9% on profits between £7,755 and £41,450 plus 2% on profits over £41,450 |