Class 2 and 4 - Self employed

Class 2 and Class 4 - Self employed rates and thresholds

Earnings or Benefits 2020/21 Annual 2021/22 Annual
Class 2
Earnings or BenefitsSmall Earnings Exemption (SEE) threshold2020/21 Annual£6,475.002021/22 Annual£6,515.00
Earnings or BenefitsBelow SEE2020/21 Annual£0.002021/22 Annual£0.00
Earnings or BenefitsWeekly flat rate above SEE2020/21 Annual£3.052021/22 Annual£3.05
Class 4
Earnings or BenefitsSEE threshold2020/21 Annual£6,475.002021/22 Annual£6,515.00
Earnings or BenefitsLower Profits Limit (LPL)2020/21 Annual£9,500.002021/22 Annual£9,568.00
Earnings or BenefitsUpper Profits Limit (UPL)2020/21 Annual£50,000.002021/22 Annual£50,270.00
Earnings or BenefitsBelow SEE2020/21 Annual0.0%2021/22 Annual0.0%
Earnings or BenefitsBetween SEE and LPL2020/21 Annual0.0%2021/22 Annual0.0%
Earnings or BenefitsBetween LPL and UPL2020/21 Annual9.0%2021/22 Annual9.0%
Earnings or BenefitsAbove UPL2020/21 Annual2.0%2021/22 Annual2.0%