News: March 2014

National Insurance


The rates and thresholds for National Insurance Contributions for 2014/15 are:

Class:Weekly earnings Rate
Employer’s class 1 above primary thresholdAbove £15313.8%
Employee’s class 1 not contracted outFrom £153 to £80512%
Employee’s additional class 1Above £8052%
Married woman’s rate*From £153 to £8055.85%
Self-employed class 2(per week)£2.75
Share fishermen class 2 (per week)£3.40
Volunteer development workers class 2£5.55
Class 3 ( per week)£13.90
Annual profit thresholds
Small earnings exemption class 2£5,885
Self-employed class 4From £7,956 to £41,8659%
Self-employed class 4 additional rateAbove £41,8652%

*only available for women who made a valid married woman’s election before 11 May 1977.


From April 2016 class 2 NICs will be collected through self-assessment, rather than been paid as a separate direct debit on a monthly or six-monthly basis.

Leave A Comment

Enable Notifications OK No thanks

By continuing to use this site, you agree to the use of cookies. more info

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.