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A desk is a dangerous place from which to view the world
A desk is a dangerous place from which to view the world
national insurance

National Insurance Rates

2004/2005 National Insurance Contributions (NICs)
  Employer Employee
Class 1 - not contracted out
Weekly earnings bands payable on earnings
Up to ?91 Nil Nil
£91.01 - ?610 12.8% 11%
Over £610 12.8% 1%
Men 65 and over and women 60 and over as above Nil
Class 1A On relevant benefits 12.8% Nil
Class 2 Self employed &pund;2.05 per week
Limit of net earnings for exception £4,215 pa
Class 3 Voluntary £7.15 per week
Class 4* Self employed on profits  
£4,745 - ?31,720 8%
Excess over £31,720 1%

*Exemption applies if state retirement age was reached by 6 April 2004
 

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