Class 1 (employed) Contracted in |
2019/20 Rates | |
Weekly earnings | Employer | Employee |
Up to £166 | Nil | Nil |
£166 - £962 | 13.8% | 12% |
Over £962 | 13.8% | 2% |
Class 1A (employers) | 13.8% on employee taxable benefits |
Class 1B (employers) | 13.8% on PAYE Settlement Agreements |
Class 2 (self-employed) | flat rate per week £3 small profits exception p.a. £6,365. |
Class 3 (voluntary) | flat rate per week £15 |
Class 4 (self-employed) | 9% on profits between £8,632 and £50,000 plus 2% on profits over £50,000 |
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