National Insurance Contributions (Class 1)

Following the Autumn Statement, HMRC made available the rates and thresholds that will apply in 2013/14.  The percentage rates remain unchanged from 2012/13 with thresholds as follows:

Employee Thresholds

Weekly2012/132013/14Change
£££
Lower Earnings Limit (LEL)107109+2
Primary Threshold (PT)146149+3
Upper Accrual Point (UAP)7707700
Upper Earnings Limit (UEL)817797
  • Contributions percentages remain unchanged at 12% on earnings above the PT up to an including the UEL and 2% on earnings above the UEL
  • COSR rebate is 1.4% on earnings above the LEL up to an including the UAP
  • Married Women’s Reduced Rate remains at 5.85%

Employer Thresholds

Weekly2012/132013/14Change
£££
Lower Earnings Limit (LEL)107109+2
Secondary Threshold (ST)144148+4
Upper Accrual Point (UAP)7707700
Upper Earnings Limit (UEL)817797-20
  • Contributions percentages remain unchanged at 13.8% on earnings above the ST
  • COSR rebate is 3.4%% on earnings above the LEL up to an including the UAP

Other National Insurance

2012/132013/14Change
£££
Class 2
Weekly Rate2.652.70+.05
Small Earnings Exemption (pa)5,5955,725+130
Class 2 Special
Share Fishermen 3.30 pw 3.35 pw +.10
 Volunteer Development Workers 5.35 pw 5.45 pw +.10
 Class 3 Weekly Rate 13.25 13.55 +.30

Further Information