| 2011-2012 Earnings PW | 2010-2011 Earnings PW | |
|---|---|---|
| Employees Class 1 NIC Earnings at or above lower limit Standard rate contracted in contracted out contracted out contracted in and out |
0% up to £139 12% on £139.01-£817 10.4% on £139.01-£770 12% on £770.01-£817 2% over £817 |
|
| Employers Class 1 NIC Contracted in Below £136 / £110 Over £136 / £110 Contracted out * Below £136 / £110 £136.01 / £110.01-£770 Over £770 |
NIL 13.8% SR MP NIL NIL 10.1% 12.4% 13.8% 13.8% |
NIL 12.8% SR MP NIL NIL 9.1% 11.4% 12.8% 12.8% |
| Class 2- Self - employed rate Small earnings exception |
£2.50 per week £5,315 per annum |
£2.40 per week £5,075 per annum |
| Class 3 - Voluntary rate | £12.60 per week | £12.05 per week |
| Class 4 - Self - employed rate Lower limit of earnings Upper limit of earnings 2% / 1% on earnings over |
9% £7,225 per annum £42,475 per annum £42,475 per annum |
8% £5,715 per annum £43,875 per annum £43,875 per annum |
* SR = Salary related scheme MP = Money purchase scheme
Become a client
If you wish to become a client of Coutts, please complete this form or contact us on +44 (0)20 7753 1365.
Become a client