2021/22 | 2020/21 | |||||
---|---|---|---|---|---|---|
Earnings | Weekly | Monthly | Annual | Weekly | Monthly | Annual |
Lower Earnings Limit (LEL) | £120 | £520 | £6,240 | £120 | £520 | £6,240 |
Earnings Threshold(ET) | ||||||
- Primary Threshold (PT) | £184 | £797 | £9,568 | £183 | £792 | £9,500 |
- Secondary Threshold (ST) | £170 | £737 | £8,840 | £169 | £732 | £8,788 |
Upper Secondary Threshold (UST) | £967 | £4,189 | £50,270 | £962 | £4,167 | £50,000 |
Apprentice Upper Secondary Threshold (AUST) | £967 | £4,189 | £50,270 | £962 | £4,167 | £50,000 |
Upper Earnings Limit (UEL) 1 | £967 | £4,189 | £50,270 | £962 | £4,167 | £50,000 |
Employment allowance 2 | £4,000 | £4,000 | ||||
Apprenticeship levy 3 | £15,000 | £15,000 |
Income or profits | 2021/22 | 2020/21 |
---|---|---|
Annual | Annual | |
Class 2 | ||
- Small Profits Threshold (SPT) | £6,515 | £6,475 |
Class 4 | ||
- Small Profits Threshold (SPT) | £6,515 | £6,475 |
- Lower Profits Limit (LPL) | £9,568 | £9,500 |
- Upper Profits Limit (UPL) 1 | £50,270 | £50,000 |
Class 1A NICs are paid on amounts reported on Form P11D(b).
Class 1B NICs are paid on earnings included in a PAYE Settlement Agreement and income tax thereon.
Class 3 NICs are paid voluntarily by persons not liable for contributions, or who are excepted from Class 2 NICs or whose contributions are insufficient to qualify for benefits.