NIM11014 - Calculating Class 1 NICs & NIC rebates: Earnings limits, thresholds & percentage rates for 2000/01

Class 1 Earnings Limits, Thresholds and Percentage Rates 2000-2001

	LEL	Employee’s Earnings Threshold	Employer’s Earnings Threshold	UEL
Weekly	67.00	76.00	84.00	535.00
Monthly	291.00	329.00	365.00	2319.00
Annual	3484.00	3952.00	4385.00	27820.00

Not contracted-out employment

EE% Rate	ER% Rate
On earnings over £67 up to and including £76	On earnings over £76, up to and including £84
0%	0%
On earnings over £76 up to and including UEL	On earnings over £84
10%	12.2%

Contracted-out employment

EE% Rate	ER% Rate
On earnings over £67 up to and including £76	On earnings over £67, up to and including £84
COSR & COMP	COSR & COMP
0%	0%
On earnings over £76 up to and including UEL	On earnings over £84, up to and including UEL
COSR & COMP	COSR	COMP

8.4%

9.2%

11.6%

On earnings over UEL

12.2%

Employee’s rebate on earnings above £67 up to and including £76 (except for married woman’s reduced rate NICs)

Employer’s rebate on earnings above £67 up to and including £84

COSR	COMP	COSR	COMP
1.6%	1.6%	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