National Insurance

National Insurance:

Class 1 (employed)    
Contracted in 2017/18  
Weekly earnings Employer  
Up to £157 (primary and secondary threshold) Nil  
£157-866 (£43,000 p.a.) (upper earnings limit) 13.8%  
Over £866 13.8%  
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 £2.85
small earnings exception p.a. £6,025

Class 3 (voluntary)

flat rate per week £14.25

Class 4 (self-employed) 9% on profits between £8,164 and
£45,000 and 2% on profits over £45,000

To find out how Chapman Robinson & Moore can help your business either call 01865 379272, or click here to arrange a free Confidential Business Analysis.