Telephone 01323 403080
Fax No 01323 400070
Mobile 07805 379291
Principal : David J. Cox
Associate : Patricia Cox
tax rates and allowances as pdf
Member of the Certified Public Accountants Association - ACPA No 07050297A
Sussex branch CPAA
Registered under Money Laundering Regulations with HM Revenue & Customs No 12390285
Registered under the Data Protection Act.
Technique-Electrical Geoff Cox 07929 405038
|
| Eastbourne Speedway |
David J. Cox, ACPA, Accountant
Certified Public Accountant & Tax Consultant in Eastbourne
1 Green Street, Eastbourne, East Sussex, BN21 1QN Tel. 01323 403080
National Insurance Contributions
|
£ per week |
2011-12 |
2012-13 |
2013-14 |
2014 - 15 |
|---|---|---|---|---|
|
Lower earnings limit, primary Class 1 |
£102 |
£107 |
£109 |
£111 |
|
Upper earnings limit, primary Class 1 |
£817 |
£817 |
£797 |
£805 |
|
Upper accrual point |
£770 |
£770 |
£770 |
£770 |
|
Primary threshold |
£139 |
£146 |
£149 |
£153 |
|
Secondary threshold |
£136 |
£144 |
£148 |
£153 |
|
Employees' primary Class 1 rate between primary threshold and upper earnings limit |
12% |
12% |
12% |
12% |
|
Employees' primary Class 1 rate above upper earnings limit |
2% |
2% |
2% |
2% |
|
Class 1A rate on employer provided benefits (1) |
13.8% |
13.8% |
13.8% |
13.8% |
|
Employees' contracted-out rebate (for contracted-out salary related schemes only) |
1.6% |
1.4% |
1.4% |
1.4% |
|
Married women's reduced rate between primary threshold and upper earnings limit |
5.85% |
5.85% |
5.85% |
5.85% |
|
Married women's rate above upper earnings limit |
2% |
2% |
2% |
2% |
|
Employers' secondary Class 1 rate above secondary threshold |
13.8% |
13.8% |
13.8% |
13.8% |
|
Employers' contracted-out rebate, salary-related schemes |
3.7% |
3.4% |
3.4% |
3.4% |
|
Employers' contracted-out rebate, money-purchase schemes |
1.4% |
Abolished from 6 April 2021 |
N/A |
N/A |
|
Class 2 rate |
£2.50 |
£2.65 |
£2.70 |
£2.75 |
|
Class 2 small earnings exception |
£5,315 per year |
£5,595 per year |
£5,725 per year |
£5,885 per year |
|
Special Class 2 rate for share fishermen |
£3.15 |
£3.30 |
£3.35 |
£3.40 |
|
Special Class 2 rate for volunteer development workers |
£5.10 |
£5.35 |
£5.45 |
£5.55 |
|
Class 3 rate |
£12.60 |
£13.25 |
£13.55 |
£13.90 |
|
Class 4 lower profits limit |
£7,225 per year |
£7,605 per year |
£7,755 per year |
£7,956 per year |
|
Class 4 upper profits limit |
£42,475 per year |
£42,475 per year |
£41,450 per year |
£41,865 per year |
|
Class 4 rate between lower profits limit and upper profits limit |
9% |
9% |
9% |
9% |
|
Class 4 rate above upper profits limit |
2% |
2% |
2% |
2% |
|
Additional primary Class 1 percentage rate on deferred employments |
2% |
2% |
2% |
2% |
|
Additional Class 4 percentage rate where deferment has been granted |
2% |
2% |
2% |
2% |
- Class 1A NICs are payable in July and are calculated on the value of taxable benefits provided in the previous tax year, using the secondary Class 1 percentage rate appropriate to that tax year.
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