National Insurance Contributions (Table D)
|Class 1 (Employees)
|Main NIC rate
|6.4.2022 to 5.7.2022: No NIC on first
|6.7.2022 to 5.4.2023: No NIC on first
|Main rate* charged up to
|3.25% rate on earnings above
|Employment allowance per qualifying business
*Nil rate of employer NIC on earnings up to £967pw for employees aged under
21, apprentices aged under 25 and ex-armed forces personnel in their first
twelve months of civilian employment.
Employer contributions (at 15.05%) are also due on most taxable benefits
(Class 1A) and on tax paid on an employee’s behalf under a PAYE settlement
agreement (Class 1B).
|Class 2 (Self-employed)
|Flat rate per week on profits above £11,908
|Class 3 (Voluntary)
|Flat rate per week
|Class 4 (Self-employed)
|On profits between £11,908 and £50,270
|On profits over £50,270
Employees with earnings above £123pw and the self-employed with profits over
£6,725 access entitlement to contributory benefits.