| |
information
national
insurance contributions 2008/09
| Class
1 - not
contracted out |
Employer
|
Employee
|
| Lower earnings limit |
|
£90 |
| Payable
on weekly earnings |
|
|
| £105.01
- £770 |
12.8% |
11% |
| Over £770 |
12.8% |
1% |
| Over
state retirement age |
12.8% |
Nil |
| Class
1A (on
relevant benefits) |
12.8%
|
Nil
|
| Class
1B (on
PAYE settlement arrangement) |
12.8%
|
Nil
|
| Class
2 (Self employed) |
£2.30
per week |
| Limit of net earnings for exception |
£4,825
per annum |
| Class
3 (Voluntary) |
£8.10
per week |
| Class
4 (* Self employed on profits) |
|
| £5,435
to £40,040 |
8% |
| Excess
over £40,040 |
1% |
| *Exemption
applies if state retirement age was reached by 6 April
2008 |
Note
For those earning between £90 per week and £770 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. |
