2015/16 NATIONAL INSURANCE RATES


There will be no increase in the rates of national insurance contributions (NICs) for employers, employees nor the Class 4 rate for the self-employed  for 2015/16, although the thresholds will be increased.

Employee contributions will be payable at 12% on earnings between £155 per week and £815 per week and 13.8% employers contributions will start at £156 per week instead of £153 for 2014/15. The £2,000 employment allowance will continue to be deductible from employers’ NIC for 2015/16.

The Class 2 NIC weekly contribution for the self-employed increases to £2.80 from 2015/16.

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