Class 2 and 4 - Self employed

Class 2 and Class 4 - Self employed rates and thresholds

Earnings or Benefits 2018/19 Annual 2019/20 Annual
Class 2
Earnings or BenefitsSmall Earnings Exemption (SEE) threshold2018/19 Annual£6,205.002019/20 Annual£6,365.00
Earnings or BenefitsBelow SEE2018/19 Annual£0.002019/20 Annual£0.00
Earnings or BenefitsWeekly flat rate above SEE2018/19 Annual£2.952019/20 Annual£3.00
Class 4
Earnings or BenefitsSEE threshold2018/19 Annual£6,205.002019/20 Annual£6,365.00
Earnings or BenefitsLower Profits Limit (LPL)2018/19 Annual£8,424.002019/20 Annual£8,424.00
Earnings or BenefitsUpper Profits Limit (UPL)2018/19 Annual£46,350.002019/20 Annual£50,000.00
Earnings or BenefitsBelow SEE2018/19 Annual0.0%2019/20 Annual0.0%
Earnings or BenefitsBetween SEE and LPL2018/19 Annual0.0%2019/20 Annual0.0%
Earnings or BenefitsBetween LPL and UPL2018/19 Annual9.0%2019/20 Annual9.0%
Earnings or BenefitsAbove UPL2018/19 Annual2.0%2019/20 Annual2.0%