NIM11010 - Calculating Class 1 NICs & NIC rebates: Earnings brackets & percentage rates for 1998/99
|
Earnings Brackets |
| Bracket 1
From LEL | (Weekly)
(Monthly) (Yearly) | 64.00
278.00 3328.00 | 109.99
476.99 5719.99 |
| Bracket 2 | (Weekly)
(Monthly) (Yearly) | 110.00
477.00 5720.00 | 154.99
671.99 8059.99 |
| Bracket 3 | (Weekly)
(Monthly) (Yearly) | 155.00
672.00 8060.00 | 209.99
909.99 10919.99 |
| Bracket 4 | (Weekly)
(Monthly) (Yearly | 210.00
910.00 10920.00 | 485.00
2102.00 25220.00 |
| Bracket 5
over UEL | (Weekly)
(Monthly) (Yearly | Over 485.00
Over 2102.00 Over 25220.00 |
| Percentage Rates | Employee % Rate | Employer Percentage Rate |
| Not Contracted-out
Bracket 1 Bracket 2 Bracket 3 Bracket 4 Bracket 5 | On first £64
2 2 2 2 * | Over £64
10 10 10 10 * | On all earnings
3.0 5.0 7.0 10.0 10.0 |
| Contracted-out | COSR | COMP |
| On first £64 | Over £64 | On first £64 | Over £64 | Over UEL | On first £64 | Over £64 | Over UEL | |
| Bracket 1 | 2 | 8.4 | 3.0 | 0.0 | 3.0 | 1.5 | ||
| Bracket 2 | 2 | 8.4 | 5.0 | 2.0 | 5.0 | 3.5 | ||
| Bracket 3 | 2 | 8.4 | 7.0 | 4.0 | 7.0 | 5.5 | ||
| Bracket 4 | 2 | 8.4 | 10.0 | 7.0 | 10.0 | 8.5 | ||
| Bracket 5 | * | * | 10.0 | 7.0 | 10.0 | 10.0 | 8.5 | 10.0 |
| Married Woman | 3.85* | 3.85* |
*Employees do not pay contributions on earnings over the weekly, monthly or yearly Upper Earnings Limit
