| |
2012/13 |
| Class 1 (not contracted out) |
Employer |
Employee |
| Payable on weekly earnings of: |
|
|
| Below £107 (lower earnings limit) |
Nil |
Nil |
| £107 - £144 (employers’ earnings threshold) |
Nil |
Nil |
| £144.01 - £146 (employees’ earnings threshold) |
13.8% |
Nil |
| £146.01 - £770 (upper accrual point) |
13.8% |
12% |
| £770.01 - £817 (upper earnings limit) |
13.8% |
12% |
| Over £817 |
13.8% |
2% |
| Over state retirement age, the employee contribution is generally nil |
| Class 1A |
on relevant benefits |
13.8% |
Nil |
| Class 2 |
Self employed |
£2.65 per week |
| |
Limit of net earnings for exception |
£5,595 per annum |
| Class 3 |
Voluntary |
£13.25 per week |
| Class 4* |
Self employed on profits |
|
| |
£7,605 - £42,475 |
9% |
| |
Excess over £42,475 |
2% |
| *Exemption applies if state retirement age was reached by 6 April 2012 |
