National Insurance

 

Class 1 (employed)   2005/06 Rates
     
Weekly Earnings Employer Employee
Up to £94 Nil* Nil*
£94.01 - £630 12.8%** 11%**
Over £630 12.8%** £58.96 + 1% ***

* Entitlement to contribution-based benefits retained for earnings between £82.01 and £94 per week

** On earnings above £94

*** On earnings above £630

   
Class 1A (employers)
12.8% on employee taxable benefit  
Class 1B (employers)
12.8% on PAYE settlement Agreements  
Class 2 (self-employed) flat rate per week £7.35  
Class 3 (voluntary) flat rate per week £7.35  
Class 4 (self-employed) 8% on profits £4,895- £32,760 plus 1% on profits over £32,760  

 

+ Personal Attention and Sound Advice +