National Insurance - Rates and Allowances

2015-16

2014-15

Lower weekly earnings limit, primary Class 1

£112

£111

Upper weekly earnings limit, primary Class 1

£815

£805

Upper weekly accruals point

£770

£770

Primary weekly earnings threshold

£155

£153

Secondary weekly earnings threshold

£156

£153

Employees' primary Class 1 rate between primary earnings threshold and upper earnings limit

12%

12%

Employees' primary Class 1 rate above upper earnings limit

2%

2%

Employees' contracted-out rebate between primary earnings threshold and upper earnings limit

1.40%

1.40%

Married women's reduced rate between primary earnings threshold and upper earnings limit

5.85%

5.85%

Married women's rate above upper earnings limit

2%

2%

Employers' secondary Class 1 rate above secondary earnings threshold

13.80%

13.80%

Employers' contracted-out rebate, final salary-related schemes

3.40%

3.40%

Class 2 weekly rate

£2.80

£2.75

Class 2 small earnings exception

£5,965 per year

£5,885 per year

Special Class 2 weekly rate for share fishermen

£3.45

£3.40

Special Class 2 weekly rate for volunteer development workers

£5.60

£5.55

Class 3 voluntary weekly rate

£14.10

£13.90

Class 4 lower profits limit

£8,060 per year

£7,956 per year

Class 4 upper profits limit

£42,385 per year

£41,865 per year

Class 4 rate between lower profits limit and upper profits limit

9%

9%

Class 4 rate above upper profits limit

2%

2%