National Insurance Rates 2007/8 - NI Rates

For NIC (and all other) rates and allowances for 2005/6 and 2006/7, visit our main Tax Rates main page.

£ per week	2006-07	2007-08
Lower earnings limit, primary Class 1	£84	£87
Upper earnings limit, primary Class 1	£645	£670
Primary threshold	£97	£100
Secondary threshold	£97	£100
Employees’ primary Class 1 rate between primary threshold and upper earnings limit	11%	11%
Employees’ primary Class 1 rate above upper earnings limit	1%	1%
Employees’ contracted-out rebate	1.6%	1.6%
Married women’s reduced rate between primary threshold and upper earnings limit	4.85%	4.85%
Married women’s rate above upper earnings limit	1%	1%
Employers’ secondary Class 1 rate above secondary threshold	12.8%	12.8%
Employers’ contracted-out rebate, salary-related schemes	3.5%	3.7%
Employers’ contracted-out rebate, money-purchase schemes	1%	1.4%
Class 2 rate	£2.10	£2.20
Class 2 small earnings exception	£4,465 per year	£4,635 per year
Special Class 2 rate for share fishermen	£2.75	£2.85
Special Class 2 rate for volunteer development workers	£4.20	£4.35
Class 3 rate	£7.55	£7.80
Class 4 lower profits limit	£5, 035 per year	£5, 225 per year
Class 4 upper profits limit	£33, 540 per year	£34, 840 per year
Class 4 rate between lower profits limit and upper profits limit	8%	8%
Class 4 rate above upper profits limit	1%	1%

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