National Insurance Contribution Reference Table
Item |
2005 - 06 |
2006 - 07 |
|
|
|
Lower earnings limit, primary class 1 |
£82 per week |
£84 per week |
Upper earnings limit, primary class 1 |
£630 per week |
£645 per week |
Primary threshold |
£94 per week |
£97 per week |
Secondary threshold |
£94 per week |
£97 per week |
Employees’ primary class 1 rate between primary |
11% |
11% |
Employees’ primary class 1 rate babove upper earnings limit |
1% |
1% |
Employees’ contracted-out rebate |
1. 6% |
1. 6% |
Married women’s reduced rate between primary |
4.85% |
4.85% |
Married women’s rate above upper earnings limit |
1% |
1% |
Employers’ secondary Class 1 rate above secondary |
12.8% |
12.8% |
Employers’ contracted-out rebate, salary-related schemes. |
3.5% |
3.5% |
| Employers’ contracted-out rebate, money-purchase schemes | 1.0% | 1.0% |
| Class 2 rate | £2.10 per week | £2.10 per week |
Class 2 small earnings exception |
£4,345 per year |
£4,465 per year |
Special Class 2 rate for share fishermen |
£2.75 per week |
£2.75 per week |
Special Class 2 rate for volunteer development workers |
£4.10 per week |
£4.20 per week |
Class 3 rate |
£7.35 per week |
£7.55 per week |
| Class 4 lower profits limit | £4,895 per year | £5,035 per year |
| Class 4 upper profits limit | £32,760 per year | £33,540 per year |
| Class 4 rate between lower profits limit upper profits limit | 8% | 8% |
| Class 4 rate above upper profits limit | 1% | 1% |