National Insurance Contributions

Income Tax
Capital Gains Tax
Corporation Tax
Main Capital Allowances
Value Added Tax
Inheritance Tax
Vehicle Benefits
Mileage Allowances
National Insurance Contributions
Key Dates and Deadlines
Pension Premiums
Charitable Giving
Savings and Investments
Some Useful Rates
Stamp Taxes

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.