• Introduction
• Income Tax
• Capital Gains Tax
• Corporation Tax
• Capital Allowances
• Value Added Tax
• Inheritance Tax
• Vehicle Benefits
• Mileage Allowances
• National Insurance Contributions
• Key Dates & Deadlines
• Pension Premiums and Withdrawals
• Charitable Giving
• Savings & Investments
• Some Useful Rates
• Stamp Taxes
• Land and Buildings Transaction Tax

National Insurance Contributions

Class 1 (not contracted out)	Employee (primary)
Payable on weekly earnings of
Below £112 (lower earnings limit)	0%
£112 - £155 (primary threshold)	0%*
£155.01 - £815 (upper earnings limit)	12%**
£156.01 - £815 (upper secondary threshold - under 21s)	12%
Above £815	2%**
* No NICs are actually payable but notional Class 1 NIC is deemed to have been paid; this protects certain state benefit entitlements. ** Over state pension age, the employee contribution is generally nil
	Employer (secondary)
Up to £156 (secondary threshold)	Nil
Above £156	13.8%
£156.01 - £815 (upper secondary threshold - under 21s)	0%
Employment Allowance	Up to £2,000 (per year)
Class 1A (on relevant benefits)	13.8%
Class 1B (on PAYE settlement arrangement)	13.8%
Class 2 (Self employed)	£2.80 per week
Small profits threshold	£5,965 per annum
Class 3 (Voluntary)	£14.10 per week
Class 4* (Self employed on annual profits)
£8,060 - £42,385	9%
Excess over £42,385	2%
*Exemption applies if state pension age was reached by 6 April 2015.

Note

For those earning between £112 per week and £770 per week, employers receive a rebate of 3.4% on contracted out salary related schemes, and employees a rebate of 1.4%.