NIM11012 - Calculating Class 1 earnings, NICs & NIC rebates: Earnings limits, threshold & percentage rates for 1999/00

Class 1 Earnings Limits, Threshold and Percentage Rates 1999-2000


 LELEarnings ThresholdUEL
Weekly66.0083.00500.00
Monthly286.00361.002167.00
Annual3432.004335.0026000.00


Not contracted-out employment


EE% RateER% Rate
On earnings over £66 up to and including UELOn earnings over £66, up to and including £83


10%0%
On earnings over £83
12.2%


Contracted-out employment


EE% RateER% Rate
On earnings over £66 up to and including UELOn earnings over £66, up to and including £83
COSR & COMPCOSR & COMP


8.4%

0%

On earnings over £83, up to and including UEL


COSRCOMP
9.2%11.6%


On earnings over UEL
12.2%12.2%


Employer’s rebate on earnings above £66.00 up to and including £83.00


COSRCOMP
3.0%0.6%


Married Woman (Employee Rate)3.85%*

*Employees do not pay contributions on earnings over the weekly, monthly or yearly Upper Earnings Limit