National Insurance Contributions

2009-2010 2008-2009

Employees Class 1 NIC
Earnings at or above lower limit

Standard rate

contracted in
contracted out

contracted in & out

 Earnings per week




0% up to £110
11% on £110.01-£844
9.4% on £110.01-£844

1% over £844		 Earnings per week




0% up to £105
11% on £105.01-£770
9.4% on £105.01-£770

1% over £770
Employers Class 1 NIC
Contracted in
Below £110/£105
Over £110/£105

Contracted out *
Below £110/£105
Over £110/£105
Over £844/£770


NIL
12.8%

SR         MP
NIL         NIL
9.1%      11.4%
12.8%    12.8%


NIL
12.8%
 
SR         MP
NIL         NIL
9.1%     11.4%
12.8%   12.8%

Class 2- Self employed rate
Small earnings exception		 £2.40 per week
£5,075 per annum		 £2.30 per week
£4,825 per annum
Class 3 - Voluntary rate £12.05 per week £8.10 per week
Class 4 - Self employed rate

Lower limit of earnings

Upper limit of earnings

1% on earnings over

8%

£5,715 per annum

£43,875 per annum

£43,875 per annum

8%

£5,435 per annum

£40,040 per annum

£40,040 per annum

* SR = Salary related scheme MP = Money purchase scheme