National Insurance contributions for 2009/10 (effective 6th April 2009).
The starting point for employees/workers to pay NIC increases to £110 per week (you do not pay NIC on earnings under this amount). You will pay 11% of the amount you earn (between the starting point and upper earnings limit) as Class 1 NIC’s (you will pay a lower amount if you are member of your employer’s contracted out pension scheme).
The upper earnings limit increases to £844 per week.
Self-employed individuals usually play Class 2 NIC’s – these entitle you to the basic State Pension and State Maternity Allowance. Class 2 NIC’s do not give you entitlement to Job Seekers Allowance, Statutory Sick Pay or the additional State Pension.
If you work in the UK Media Industries and have a question about this or any other topic, please e-mail us at workline@freelanceadvisor.co.uk
If you are an Employer and need ongoing professional help with any staff/freelance issues then talk to us at The HR Kiosk (click here)- a Human Resources Consultancy for small businesses – you can retain us for as much time as you need.
Please note that the advice given on this website and by our Advisors is guidance only and cannot be taken as an authoritative interpretation of the law. It can also not be seen as specific advice for individual cases. Please also note that there are differences in legislation in Northern Ireland.
Understanding the headaches and frustration massive insurance agents suffer by cold calling people day in an out after paying for worn out insurance leads.
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For up to date details of Income Tax and NIC rates for Employees, Workers and Freelancers click here -
Jun 30, 2010
at 11:39 am
Understanding the headaches and frustration massive insurance agents suffer by cold calling people day in an out after paying for worn out insurance leads.