National Insurance Contributions

Class 1 (not contracted out)	Employer	Employee
Lower earnings limit		£87
Payable on weekly earnings
£100.01 - £670	12.8%	11%
Over £670	12.8%	1%
Over state retirement age	as above	Nil

Class 1A (on relevant benefits)	12.8%	Nil

Class 1B (on PAYE settlement arrangement)	12.8%

Class 2 (Self employed)	£2.20 per week
Limit of net earnings for exception	£4,635 per annum

Class 3 (Voluntary)	£7.80 per week

Class 4 (* Self employed on profits)
£5,225 to £34,840	8%
Excess over £34,840	1%
*Exemption applies if state retirement age was reached by 6 April 2007.

Note

For those earning between £87 per week and £670 per week, employers receive a rebate of 1.4% on contracted out money purchase schemes or 3.7% on contracted out final salary schemes, and employees, a rebate of 1.6% for either scheme.