National Insurance

2008/09 National Insurance Contributions (NICs)
		Employer	Employee
Class 1 - not contracted out
Lower earnings limit			£90
Weekly earnings bands
Up to £105		Nil	Nil
£105.01 –£770		12.8%	11%
Over £770		12.8%	1%
Over state retirement age		12.8%	Nil
Class 1A	On relevant benefits	12.8%	Nil
Class 2	Self employed	£2.30 per week
	Limit of net earnings for exception	£4,825 p.a.
Class 3	Voluntary	£8.10 per week
Class 4*	Self employed on profits
	£5,435 - £40,040	8%
	Excess over £40,040	1%
*Exemption applies if state retirement age was reached by 6 April 2008