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2023 - 2024 Employer Rates
| Class 1 (not contracted out) | Employer |
|---|---|
| Payable on weekly earnings of | |
| Up to £123 (Lower Earnings Limit) | Nil |
| £124 - £189 (£241 from 6/7/22) (Primary Threshold) | Nil |
| £190 (£242 from 6/7/22) - £966 (Upper Earnings Limit) | 13.8% |
| Over £967 | 13.8% |
| Employment allowance** (per employer, per year) | £4,000 |
| Over State Retirement Age, the employee contribution is generally Nil | |
| Class 1A (on relevant benefits) | 13.8% |
| Class 1B (on PAYE settlement arrangement) | 13.8% |
| Class 2 (Self-employed) | £3.45 per week |
| Limit of net earnings for class 2 exception | £6,725 per annum |
| Class 3 (Voluntary) | £17.45 per week |
| Class 4* (Self-employed on profits) | |
| £12,570 - £50,269 | 9%** |
| Excess over £50,270 | 2% |
| *Exemption applies if State Retirement Age was reached by 6 April 2018. | |
| ** With effect from 6th April 2016, companies are no longer able to reclaim the Employment Allowance where the director is the sole employee. | |
2023 - 2024 Employee Rates
| Class 1 (not contracted out) | Employer |
|---|---|
| Payable on weekly earnings of | |
| Up to £123 (Lower Earnings Limit) | Nil |
| £124 - £189 (£241 from 6/7/22) (Primary Threshold) | Nil |
| £190 (£242 from 6/7/22) - £966 (Upper Earnings Limit) | 12% |
| Over £967 | 2% |
| Employment allowance** (per employer, per year) | Nil |
| Over State Retirement Age, the employee contribution is generally Nil | |
| Class 1A (on relevant benefits) | Nil |
| Class 1B (on PAYE settlement arrangement) | Nil |
| Class 2 (Self-employed) | £3.45 per week |
| Limit of net earnings for class 2 exception | £6,725 per annum |
| Class 3 (Voluntary) | £17.45 per week |
| Class 4* (Self-employed on profits) | |
| £12,570 - £50,269 | 9%** |
| Excess over £50,270 | 2% |
| *Exemption applies if State Retirement Age was reached by 6 April 2018. | |
| ** With effect from 6th April 2016, companies are no longer able to reclaim the Employment Allowance where the director is the sole employee. | |
*In the Autumn Statement 2023 the Government announced they intended to reduce the main rate of employee Class 1 National Insurance contributions by 2 percentage points from 6 January 2024. This reduces the main rate of employee Class 1 National Insurance contributions by 2 percentage points from 12% to 10% from 6 January 2024.
**The Government also announced that, from 6 April 2024, for the self-employed it will reduce the main rate of Class 4 National Insurance contributions by 1 percentage point, from 9% to 8%, and remove liability to pay the weekly Class 2 flat rate for those with profits above £12,570.
2022 - 2023 Employer Rates
| Class 1 (not contracted out) | Employer |
|---|---|
| Payable on weekly earnings of | |
| Up to £123 (Lower Earnings Limit) | Nil |
| £124 - £189 (£241 from 6/7/22) (Primary Threshold) | Nil |
| £190 (£242 from 6/7/22) - £966 (Upper Earnings Limit) | 15.05% |
| Over £967 | 15.05% |
| Employment allowance** (per employer, per year) | £4,000 |
| Over State Retirement Age, the employee contribution is generally Nil | |
| Class 1A (on relevant benefits) | 15.05% |
| Class 1B (on PAYE settlement arrangement) | 15.05% |
| Class 2 (Self-employed) | £3.15 per week |
| Limit of net earnings for class 2 exception | £6,725 per annum |
| Class 3 (Voluntary) | £15.85 per week |
| Class 4* (Self-employed on profits) | |
| £11,908 - £50,269 | 10.25% |
| Excess over £50,270 | 3.25% |
| *Exemption applies if State Retirement Age was reached by 6 April 2018. | |
| ** With effect from 6th April 2016, companies are no longer able to reclaim the Employment Allowance where the director is the sole employee. | |
2022 - 2023 Employee Rates
| Class 1 (not contracted out) | Employee |
|---|---|
| Payable on weekly earnings of | |
| Up to £123 (Lower Earnings Limit) | Nil |
| £124 - £189 (£241 from 6/7/22) (Primary Threshold) | Nil |
| £190 (£242 from 6/7/22) - £966 (Upper Earnings Limit) | 13.25% |
| Over £967 | 3.25% |
| Employment allowance** (per employer, per year) | Nil |
| Over State Retirement Age, the employee contribution is generally Nil | |
| Class 1A (on relevant benefits) | Nil |
| Class 1B (on PAYE settlement arrangement) | Nil |
| Class 2 (Self-employed) | £3.15 per week |
| Limit of net earnings for class 2 exception | £6,725 per annum |
| Class 3 (Voluntary) | £15.85 per week |
| Class 4* (Self-employed on profits) | |
| £11,908 - £50,269 | 10.25% |
| Excess over £50,270 | 3.25% |
| *Exemption applies if State Retirement Age was reached by 6 April 2018. | |
| ** With effect from 6th April 2016, companies are no longer able to reclaim the Employment Allowance where the director is the sole employee. | |
With effect from 6th April 2015, no employer’s National insurance contributions are due for employees aged under 21 on earnings up to the Upper Secondary Threshold. From 6th April 2016, no employer’s National insurance contributions are due for apprentices up to 25, up to the Upper Secondary Threshold.
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