< 4030 >

NI Band Rates

Shown here are the current National Insurance rates. From the drop down list you can select the National Insurance categories you are interested in. The applicable rates will then be displayed for you.

Note on National Insurance Contribution Calculations-

There are two ways of working out National Insurance Contributions (NIC's):-

Both methods use the same earnings limits and rates and both are equally acceptable by the HM Revenue & Customs.

However, the two different methods do lead to slight variations in the NIC's that are calculated i.e. if you use the table method to work out NIC's, you and your employees may pay slightly more or less than if you used the exact percentage method. If you have finished viewing the details and wish to leave this screen, click on the Back button.

Related Topics

Tax / NI Related Legislation