16 Autumn Budget | 28 October 2026 Class 1 Employee – Primary Employer – Secondary NICs rate 8% 15% No NICs for employees generally on the first £242 pw £96 pw No NICs for younger employees/veterans¹ on the first £242 pw £967 pw NICs rate charged up to £967 pw No limit 2% NICs on earnings over £967 pw N/A 1. No employer NICs on the first £967pw for employees generally under 21 years, apprentices under 25 years and veterans in first 12 months of civilian employment. No employer NICs on the first £481pw for employees at freeports and investment zones in Great Britain in the first 36 months of employment. Employment allowance Per business £10,500 Not available if the sole employee is a director. Limits and thresholds Weekly Monthly Annual Lower earnings limit £133 £576 £6,916 Primary threshold £242 £1,048 £12,570 Secondary threshold £96 £417 £5,000 Upper earnings limit (and upper secondary thresholds for younger/veteran employees and apprentices under 25) £967 £4,189 £50,270 Class 1A Employers On most other taxable benefits provided to employees and directors 15% Class 2 Self-employed Flat rate (voluntary) £3.80 pw £197.60 pa Small profits threshold £7,355 pa Class 4 Self-employed On annual profits of £12,570–£50,270 6% Over £50,270 2% Voluntary Class 3 flat rate £19.05 pw £990.60 pa National insurance contributions 2027/28
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