National insurance contributions (NICs)

The new rates of NICs.

2019/20 Class 1 (employed) rates

Entitlement to contribution-based benefits for employees retained for earnings between £118.01 and £166 per week.

The employer rate is 0% for employees under 21 and apprentices under 25 on earnings up to £962 per week.

Class 1A (employers)	On employee taxable benefits	13.8%
Class 1B (employers)	On PAYE Settlement Agreements	13.8%
Class 2 (self-employed)	Flat rate per week	£3.00
Class 2 (self-employed)	Small profits threshold	£6,365 per annum
Class 3 (voluntary)	Flat rate per week	£15.00
Class 4 (self-employed)	On profits between £8,632 - £50,000	9%
Class 4 (self-employed)	Excess over £50,000	2%

In a change to the government's previous plans, Class 2 NICs are no longer set to be abolished from April 2019.

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