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tax table

national insurance rates and thresholds

 

National Insurance rates
 
2006/2007
2005/2006
Class 1 Weekly Monthly Annually Weekly Monthly Annually
Lower Limit
£84
£364
£4,368
£82
£356
£4,264
NICs start
£97
£420
£5,035
£94
£408
£4895
Upper Limit
£645
£2,795
£33,540
£630
£2,730
£32,760
Employee rates
- Up to upper limit
- Above upper limit

11%
1%

11%
1%
Employer rates
(No upper limit)

12.8%

12.8%
Class 1A on benefits
12.8%
12.8%
Class 2 (On self-employed earnings)
If over
£2.10 per week
£4,465 p.a.
£2.10 per week
£4,345 p.a.
Class 3 (Voluntary)
£7.55 per week
£7.35 per week
Class 4 (On self employed profits)
£5,035 - £33,540 p.a. 8%
Over £33,540 p.a. 1%
£4,895 - £32,760 p.a. 8%
Over £32,760 p.a. 1%

Sexagecimal:

Number system based on 60