National Insurance Contributions 2016/17
Class 1
Pay
Lower Earnings
Primary
Frequency
Limit (LEL)
Threshold
(PT)
£112.00
£155.00
Weekly
£486.00
£672.00
Monthly
£5,824.00
£8,060.00
Annual
Secondary
Threshold
(ST)
£156.00
£676.00
£8,112.00
Upper Earnings
Limit (UEL)
£827.00
£3,583.00
£43,000.00
Apprentice Upper
Secondary
Threshold (AUST) *
£827.00
£3,583.00
£43,000.00
Upper Secondary
Threshold (UST)*
£827.00
£3,583.00
£43,000.00
*Used to cap 0% band for employer contributions for employees aged under 21 and apprentices aged under 25
Below LEL
LEL – PT
PT – ST
ST – UEL
Above UEL
Employee
A, H, M B
Nil
Nil
0%
0%
12%
5.85%
12%
5.85%
2%
2%
J, Z
Nil
0%
2%
2%
2%
Employer
A,B, C, J
Nil
0%
0%
13.8%
13.8%
H, M,Z
Nil
0%
0%
0%
13.8%
NB table letters M and Z apply to employees aged under 21 and relate to employer contributions only, table letter H applies to apprentices aged
under 25 and relates to employer contributions only.
Employer conts.
above UEL
Employer conts.
ST to
UEL/UST/AUST
Employer conts.
LEL to ST
Employer conts.
up to LEL
Employee conts.
over UEL
Employee conts.
PT to UEL
Employee conts.
LEL to PT
Employee conts.
up to LEL
Table Letter
Standard
Reduced
Over SRA
Exemption
Apprentice
under 25
Deferment
Under 21
– standard
Under 21 deferred
A
B
C
Nil
Nil
Nil
0%
0%
0%
12%
5.85%
0%
2%
2%
0%
Nil
Nil
Nil
0%
0%
0%
13.8%
13.8%
13.8%
13.8%
13.8%
13.8%
H
Nil
0%
12%
2%
Nil
0%
0%
13.8%
J
M
Nil
Nil
0%
0%
2%
12%
2%
2%
Nil
Nil
0%
0%
13.8%
0%
13.8%
13.8%
Z
Nil
0%
2%
2%
Nil
0%
0%
13.8%
Other Classes of NI
Class
Class 1A
Class 1B
Class 2 Flat rate for self-employed
Class 2 small profits threshold per year
Special Class 2 rate for share fishermen
Special Class 2 rate for volunteer
development workers
Class 3 Voluntary
Class 4 lower profits limit per year
Class 4 upper profits limit per year
Class 4 rate between lower profits limit and
upper profits limit
Class 4 rate above upper profits limit
2016/17
13.8%
13.8%
£2.80
£5,965
£3.45
2015/16
13.8%
13.8%
£2.80
£5,965
£3.45
£5.60
£5.60
£14.10
£8,060
£43,000
£14.10
£8,060
£42,385
9%
9%
2%
2%
Statutory Sick Pay (SSP)
2016/17
£112.00
£88.45
Minimum average earnings
Standard rate
2015/16
£112.00
£88.45
NB percentage threshold scheme for recovery of SSP abolished from 6th April 2014
Number of
QDs in week
Unrounded daily rates
£
1
2
3
4
5
6
7
£
£
£
£
£
£
£
£12.6357
£14.7416
7
6
12.64
14.75
25.28
29.49
37.91
44.23
50.55
58.97
63.18
73.71
£17.6900
£22.1125
5
4
17.69
22.12
35.38
44.23
53.07
66.34
70.76
88.45
87.55
£29.4833
£44.2250
3
2
29.49
44.23
58.97
88.45
88.45
£88.4500
1
88.45
Statutory Maternity Pay (SMP)
Minimum average earnings
Higher rate
Standard rate
2016/17
£112.00
90% of average earnings
Lesser of £139.58
or 90% of average earnings
2015/16
£112.00
90% of average earnings
Lesser of £139.58
or 90% of average earnings
75.82
88.45
88.45
Statutory Paternity Pay (SPP) and Statutory Shared Parental Pay (ShPP)
Minimum average earnings
Standard rate
2016/17
£112.00
Lesser of £139.58
or 90% of average earnings
2015/16
£112.00
Lesser of £139.58
or 90% of average earnings
Statutory Adoption Pay (SAP)
Minimum average earnings
Higher rate
Standard rate
2016/17
£112.00
90% of average earnings
Lesser of £139.58
or 90% of average earnings
2015/16
£112.00
90% of average earnings
Lesser of £139.58
or 90% of average earnings
The new rates of SMP, SPP, ShPP and SAP are payable in the first full payment week starting on or after 3rd April 2016. The new rate for SSP begins on 6 April
2016.
National Minimum Wage
Adult rate (21 and over)
Development rate (including 18-20 year olds)
Under 18 but over compulsory school age
Apprentices aged under 19/1st year of service
Accommodation offset
October 2015
£6.70
£5.30
£3.87
£3.30
Daily £5.35
Weekly £37.45
National living wage: £7.20 for those aged 25 and over from 1st April 2016
Student Loans
Threshold Plan 1
Threshold Plan 2
Deduction rate
2016/17
£17,495
£21,000
9%
2015/16
£17,335
£21,000
9%
Income Tax
Income tax bands
Basic rate: 20%
Higher rate: 40%
Additional rate: 45%
2016/17
£0 - £32,000
£32,000 - £150,000
Over £150,000
2015/16
£0 - £31,785
£31,785 - £150,000
Over £150,000
Emergency tax code 1100L
Income tax personal allowances
Personal allowance those born after 5.4.1938
Personal allowance those
born before 6.4.1938
Married couple's allowance* (born before 6.4.35)
Married couple's allowance* - minimum amount
Income limit under 65 allowance
Income limit for married couple’s allowance those born before
6.4.1935
Blind person’s allowance
2016/17
£11,000
£11,000
2015/16
£10,600
£10,660
£8,355
£3,220
£100,000
£27,700
£8,355
£3,220
£100,000
£27,700
£2,290
£2,290
*the tax relief on the married couple's allowance is given at the rate of 10 per cent.