NIC Rates Examinable Documents (4) Flashcards
1
Q
Class 1 employee £1-£12570 rate?
A
0%
2
Q
Class 1 employee £12571-£50270 rate?
A
12%
3
Q
Class 1 employee £50271+ rate?
A
2%
4
Q
Class 1 employer £1-£9100 rate?
A
0%
5
Q
Class 1 employer £9101+ rate?
A
13.8%
6
Q
Class 1 employment allowance?
A
£5000
7
Q
Class 1A rate?
A
13.8%
8
Q
If Class 2 exceed £12570?
A
A flat rate contribution of £3.45 per week
9
Q
Class 4 £1-£12570 rate?
A
0%
10
Q
Class 4 £12571-£50270 rate?
A
9%
11
Q
Class 4 £50271+ rate?
A
2%
