Summer Budget 2010

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 National Insurance


Table D
Rates and limits for 2010/11 (unchanged from 2009/10)
 
Class 1 Weekly Monthly Yearly
Primary Threshold - employees (PT) £110 £476 £5,715
Upper Accrual Point (UAP) 770 3,337 40,040
Upper Earnings Level - employees (UEL) 844 3,656 43,875
 
Employer's Contribution Contracted In Contracted Out
    Salary Related Scheme Money Purchase Scheme
On earnings up to PT Nil Nil Nil
On earnings between PT and UAP 12.8% 9.1% 11.4%
On earnings above UAP 12.8% 12.8% 12.8%
 
Employee's Contribution
Contracted in: 11% on earnings between PT and UEL, 1% above UEL.
Contracted Out: 9.4% on earnings between PT and UAP; 11% from UAP to UEL; 1% above UEL.

Earnings over £97 per week qualify for benefit (2009/10: £95), and must be reported under PAYE, but no NICs are payable until earnings exceed £110 per week.

The reduced Class 1 rate payable by certain married women and widows is 4.85% for earnings between £110 and £844 per week, 1% above £844 per week.
 
Class 2 (Self-employed) Earnings over £5,075 per year £2.40 per week
Class 3 (Voluntary) No limit applicable £12.05 per week
Class 4 (Self-employed) Profits between £5,715 and £43,875 8%
  Profits above £43,875 1%


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