Nat. Insurance Contributions

2012/13 Class 1 (Earnings Related)

Employees' rates are reduced to 5.85% for married woman and widows with valid certificates of election but the 2% charge above £817 still applies. Rates are nil employees over state pensionable age. Normal employers' contributions are still payable.

Employers receive a rebate of 3.4% for salary-related schemes on earnings from £107 to £144 per week. A rebate of 1.4% on earning from £107 to £146 per week is given to employees (or employers where insufficient contributions have been paid for offset).Contracting out is abolished for money purchase schemes from 6 April 2012.

Class 1A and Class 1B-13.8%

Class 2 (Self-employed)-Flat rate £2.65 a week. Small earnings exemption £5,595 a year.

Class 3 (Voluntary contributions)-£13.25 a week.

Class (self employed)-9% of profits between £7,605 and £42,475 a year. 2% of profits above £42,475 a year.