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National Insurance
|
On first £139 (£110.00) (£136 for Employers) |
NIL |
NIL |
£139.01 to £817.00 (£110.01 to £844.00) |
12% |
13.8% |
£817.00+ (£844.00+) |
2% |
13.8% |
|
Class 1A |
13.8% NIC on benefits in kind payable on 19th/22nd July after the end of the tax year. |
Class 1B |
13.8% payable on PAYE Settlement Agreement benefits, tax due 19th/22nd October after the end of the tax year. |
Class 2 |
Self employed flat rate of £2.50 per week. |
Class 3 |
Voluntary contributions at a rate of £12.60 per week. |
|
|
Profits between £7,225 (£5,715) and £42,475 (£43,875) per annum |
8% |
9% |
Profits in excess of £42,475 (£43,875) per annum |
1%
|
2% |
|
|
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To find out more about how we can help you, please contact Carvill & Johnson in Northfield, Birmingham. |
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