All figures are weekly unless shown otherwise.
|
|
2006-07
|
2007-08
|
|
Lower earnings limit, primary Class 1
|
£84
|
£87
|
|
Upper earnings limit, primary Class 1
|
£645
|
£670
|
|
Primary threshold
|
£97
|
£100
|
|
Secondary threshold
|
£97
|
£100
|
|
Employees’ primary Class 1 rate between primary threshold and upper earnings limit
|
11%
|
11%
|
|
Employees’ primary Class 1 rate above upper earnings limit
|
1%
|
1%
|
|
Employees’ contracted-out rebate |
1.6%
|
1.6%
|
|
Married women’s reduced rate between primary threshold and upper earnings limit |
4.85%
|
4.85%
|
|
Married women’s rate above upper earnings limit |
1%
|
1%
|
|
Employers’ secondary Class 1 rate above secondary threshold |
12.8%
|
12.8%
|
|
Employers’ contracted-out rebate, salary-related schemes |
3.5%
|
3.7%
|
|
Employers’ contracted-out rebate, money-purchase schemes
|
1%
|
1.4%
|
|
Class 2 rate
|
£2.10
|
£2.20
|
|
Class 2 small earnings exception
|
£4,465 per year
|
£4,635 per year
|
|
Special Class 2 rate for share fishermen
|
£2.75
|
£2.85
|
|
Special Class 2 rate for volunteer development workers
|
£4.20
|
£4.35
|
|
Class 3 rate
|
£7.55
|
£7.80
|
|
Class 4 lower profits limit
|
£5, 035 per year
|
£5, 225 per year
|
|
Class 4 upper profits limit
|
£33, 540 per year
|
£34, 840 per year
|
|
Class 4 rate between lower profits limit and upper profits limit
|
8%
|
8%
|
|
Class 4 rate above upper profits limit
|
1%
|
1%
|
Source: Inland Revenue