Tax Rates & Allowances
Back to Tax Rates & Allowances
The rates and thresholds for National Insurance Contributions for 2020/21 are:
|Employer Class 1 above Secondary threshold
|Employee's class 1
||£183 to £962
|Employee's additional class 1
|Married woman's rate*
||£183 to £962
|Self-employed class 2 (per week)
|Share fishermen class 2 (per week)
|Volunteer development workers class 2
|Class 3 ( per week)
||Annual profit thresholds
|Self-employed class 4
||£9,500 to £50,000
|Self-employed class 4 additional rate
*only available for women who made a valid married woman's election before 11 May 1977.
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Coronavirus (COVID-19) update
As a valued member of our community, we appreciate the trust you place in us to make sure all your critical services continue.
We are committed to an evidence-led and common-sense approach to containing the coronavirus outbreak and mitigating its impact on employees, customers and our wider business operations.
Please be assured we are preparing for our services to continue as normal. We have business continuity plans in place to minimise the risk of infection and make sure we can continue to deliver a business-as-usual service to our customers should an infection occur at an office. These include implementing clear guidelines for employees, providing support and advice for anyone who needs to self-quarantine, and issuing guidance on following safe hygiene practices across the organisation.
You can find further information on Covid-19 below to keep you updated:
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