Chartered Certified Accountants
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Class 1 (not contracted out)

Employer

Employee

Payable on weekly earnings of

 

 

£95 (lower earnings limit) to £110

0%

0%

£110.01 - £770 (upper accrual point)

12.8%

11%

£770.01 - £844 (upper earnings limit)

12.8%

11%

Over £844

12.8%

1%

Over state retirement age, the employee contribution is Nil

 

 

Class 1A (on relevant benefits)

12.8%

Nil

 

 

Class 1B (on PAYE settlement arrangement)

12.8%

Nil

 

 

Class 2 (Self employed)

£2.40 per week

Limit of net earnings for exception

£5,075 per annum

 

 

Class 3 (Voluntary)

£12.05 per week

 

 

Class 4 (* Self employed on profits)

 

£5,715 - £43,875

8%

Excess over £43,875

1%

*Exemption applies if state retirement age was reached by 6 April 2009.

Note

For those earning between £95 per week and £770 per week, employers receive a rebate of 1.4% on contracted out money purchase schemes or 3.7% on contracted out final salary schemes, and employees, a rebate of 1.6% for either scheme.

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