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National Insurance Contributions (2007/08)

  
Rates and Limits
Class 1 (earnings related)
  Lower earnings limit per week (LEL) £87.00
  Upper earnings limit per week (UEL) £670.00
     
  Earnings threshold per week for employees £100.00
  Earnings threshold per week for employers £100.00 
  Employee rate:
  Between threshold and UEL11.0%
  Above UEL1.0%
  Employer rate12.8%
     
Class 2 (self-employed flat rate)
  Per week £2.20
  Small earnings exception per year £4,635
 
Class 3 (voluntary)
  Per week £7.80
 
Class 4 (self-employed)
  Lower profits limit per year £5,225
  Upper profits limit per year £34,840
  Rate:  
  Between lower and upper limits 8.0%
  Above upper limit 1.0%

 

Contracted-out rebate on earnings between LEL and UEL
 
Salary Related Money Purchase
Employee 1.6% 1.6%
Employer 3.7% 1.4%

 

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