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Tax Rates 2008/09 introduction »
National Insurance
Class 1 (employed)
contracted in |
2008/09 Rates |
| Weekly earnings |
Employer
|
Employee
|
| Up to £105 |
Nil*
|
Nil*
|
£105.01 - £770 |
12.8%**
|
11%**
|
| Over £770 |
12.8%**
|
£73.15 +1%***
|
* Entitlement to contribution-based benefits retained for earnings between £90.01 and £105 per week.
** On earnings above £105.
*** On earnings above £770. |
Class 1A (employers) |
12.8% on employee taxable benefits |
Class 1B (employers) |
12.8% on PAYE Settlement Agreements |
Class 2 (self-employed) |
flat rate per week £2.30
small earnings exception p.a. £4,825 p.a. |
Class 3 (voluntary) |
flat rate per week £8.10 |
Class 4 (self-employed) |
8% on profits between £5,435 and £40,040 plus 1% on profits over £40,040 |
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