National Insurance
Class 1 National Insurance Contribution Rates 2017-18
| Employee Earnings £ per week | NIC rate Percent | Employer Earnings £ per week | NIC rate Percent |
| Below £112 | 0 | Below £156 | 0 |
| £112 to £155 | 0 | Above £156 | 13.8 |
| £155.01 – £827 | 12 | ||
| above £827 | 2 |
Self Employed National Insurance Contribution Rates 2017-18
| Annual Profits £ per year | Class 2 £ Per Week | Class 4 Percent |
| Below £6,025 (SEE) | 0 | 0 |
| £5,965 to £8,164 (LPL) | 2.85 | 0 |
| £8,061 to £45,000 (UPL) | 2.85 | 9 |
| Above £45,000 | 2.85 | 2 |
The limits are defined as SEE – small earnings exception; LPL – lower profits limit and UPL – upper profits limit.
Class 2 NICs are paid at a weekly flat rate of £2.80 by all self employed persons unless they have applied for a small earnings exception.
The self-employed may apply for exception from paying Class 2 contributions if their earnings are less than, or expected to be less than, the level of the small earnings exception.
Other NIC Rates
| 2017-18 | 2016-17 | |
| Married Woman’s reduced rate for Class1 Contribution rates | £5.85 | £5.85 |
| Class 3 Rate | £14.10 per week | £14.10 per week |
Class 3 NIC
- A person needs 35 years (30 years if state pension is before 6 April 2016) of NICs to get full state pension)
- Class 3 Voluntary contributions can be paid to fill or avoid gaps in a NI record