National Insurance Uk Rate. Use from 6 april 2020 to 5 april 2021 inclusive standard rate nics tables ca38 The government has published draft nic regulations covering the proposed rates of national insurance contributions for 2020/21.
Then you pay 20% on anything you earn between £12,501 and £50,000; As in previous years, the employer contribution rate of 13.8% has remained the same. Here are the uk national insurance rates 2019/2020.
More than 45,000, ni rate is 2% of your income.
National insurance rates for the employed. Introduced by the national insurance act 1911 and expanded by the labour government in 1948, the system has been subjected to numerous amendments. National insurance calculation example for the employed: The marginal tax rate for someone on £26 an hour is 55.8%, made up of income tax at.