National Insurance Rates 2019/20. Any profits in excess of £50,000 attract class 4 national insurance at a reduced rate of 2%. With effect from 5th april 2019, national insurance table letters d, e and l are no longer valid.
On this page we explain nic issues that you might come across as an employee. The upper earning limit is £962 per week for 2020/21. For detailed rates and thresholds visit the hmrc website.
January 1, 2004 based on 8.7%.
Upper accrual point (weekly) £770: This rate has remained the same for several years. To make the calculations involved in dealing with these taxes easier, use gosimpletax. As a director you will pay national insurance if you’re: