rate,rates,foreign exchange,savings,borrowing,tax,tourist rates foreign exhange rates, tourist exchange rates savings rates, isa rates,deposit rates,cheque account rates borrowing rates, mortgage rates, loan rates tax rates, tax allowances
Personal finance home | glossary | guides | links | contact
money rates,interest rates,exhange rates,currency rates rates,rate,interest rates,best rates,comparisons of rates
Rate home page

Income tax rates

Value added tax rates

Company car tax rates

Car tax rates

National insurance rates

Taxes on houses

Capital gains tax rates

SEARCH THE WEB

 


TAX RATES - NATIONAL INSURANCE
 RATES AND ALLOWANCES -
 NATIONAL INSURANCE CONTRIBUTIONS
 Item
2002/03
2003/04
 Lower Earnings Limit £89pw £77pw
 Upper Earnings Limit £585 £595pw
 Primary Threshold £89pw £89pw
 Secondary Threshold £89pw £89pw
 Employee's contributions 11% of £89.01 to £585pw 11% of £89.01 to £595 then 1%
 Employee's Contracted-out Rates 1.6% 1.6%
 Married Women Reduced Rate 3.85% 4.85% of £89.01 to £595 then 1%
 Employer's Contribution Rates 12.8% on earnings
above £89
12.8% on earnings
above £89
 Employers' contracted-out rebate,
 salary-related schemes
3.5% 3.5%
 Employers' contracted-out rebate,
 money-purchase schemes
1% 1%
 Class 2 Self employed Contribution £2.00pw £2.00pw
 Class 2 Small Earnings Exception £4,025 pa £4,095 pa
 Special Class 2 rate for
 share fishermen
£2.65pw £2.65pw
 Special Class 2 rate for volunteer
 development workers
£3.75pw £3.85pw
 Small Earnings Exception £3,825pa £4,095pa
 Class 3 (voluntary) Contribution £6.85pw £6.95pw
 Class 4 Contribution 7% of profits between £4,615 and £30,420 8% of profits between £4,615 and £30,940 then 1%

 

Back to the main tax rates menu


Exchange Rates | Saving | Borrowing | Tax | Email this page to a friend

© 1999-2013