⚠️ Important notice: The following information is a
historical record of
National Insurance Contributions 2011/12 in the United Kingdom. The information was correct at the time of publication but may no longer be accurate.
If you need
current tax rates and allowances, you can visit:
➡️
Latest tax rates and allowances ➡️
Resources section National Insurance
| Self-employed people pay: - weekly Class 2 contribution of £2.50pw, unless they claim exception for small earnings (below £5,315). Usually paid monthly by direct debit
- Class 4 NIC at 9% of taxable profits between £7,225 and £42,475. Profits over £42,475 will be charged at 2%. This is assessed and paid with the self-assessment income tax on profitsClass 3 voluntary NIC may be paid at £12.60 per week by someone who is not in work but who wishes to maintain state pension rights.
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| Annual limits |
| Someone who is both employed and self-employed will pay Class 1, Class 2 and Class 4 NIC. It is possible to apply for deferment of Class 4 so that the Class 1 paid on earnings can be taken into account. Class 4 will then be charged through self-assessment at only 2%, and the overall balance of liability will be settled at a later date. |
