National Insurance Contributions

Class 2 and Class 4 - Self employed rates and thresholds

Income or profits 2017/18 2018/19
  Annual Annual
Class 2
Small Earnings Exemption (SEE) threshold £6,025 £6,205
Below SEE £0.00 £0.00
Weekly flat rate above SEE £2.85 £2.95
Class 4
SEE threshold £6,025 £6,205
Lower Profits Limit(LPL) £8,164 £8,424
Upper Profits Limit(UPL) £45,000 £46,350
Below SEE 0% 0%
Between SEE and LPL 0% 0%
Between LPL and UPL 9.0% 9.0%
Above UPL 2.0% 2.0%

From April 2019 Class 2 NICs will be abolished. Class 4 NICs will be reformed so that self-employed individuals continue to build entitlement to the State Pension and other contributory benefits

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