Cookies are small text files that are stored on your computer when you visit a website. They are mainly used as a way of improving the website functionalities or to provide more advanced statistical data.
Call us now on 01926 633074
Jeff West is licensed and regulated
by AAT under licence number 13
National Insurance
The rates and thresholds for National Insurance Contributions for 2024/25 are:
| Class: | Monthly earnings | Rate |
| Employer Class 1 above Secondary threshold | Over £758 | 13.8% |
| Employee's class 1 | £1048 to £4189 | 10% |
| Employee's additional class 1 | Over £4189 | 2% |
| Self-employed class 2 (per week) | N/A | £3.70 |
| Share fishermen class 2 (per week) | N/A | £4.10 |
| Volunteer development workers class 2 | N/A | £6.15 |
| Class 3 (per week) | N/A | £17.45 |
| Annual profit thresholds | ||
| Self-employed class 2 | Over £12,570 credit available if profits between £6725 and £12,570 |
|
| Self-employed class 4 | £12,570 to £50,270 | 8% |
| Self-employed class 4 additional rate | Over £50,270 | 2% |
See our helpsheet on individual savings accounts to see the rules on investing efficiently with ISA's.
