National Insurance

Class 1 (employed) contracted in	2007/08 Rates
Weekly earnings	Employer	Employee
Up to £100	Nil*	Nil*
£100.01 - £670	12.8%**	11%**
Over £670	12.8%**	£62.70 +1%***
* Entitlement to contribution-based benefits retained for earnings between £87.01 and £100 per week. On earnings above £100. * On earnings above £670.

Class 1A (employers)	12.8% on employee taxable benefits
Class 1B (employers)	12.8% on PAYE Settlement Agreements
Class 2 (self-employed)	flat rate per week £2.20 small earnings exception p.a. £4,635
Class 3 (voluntary)	flat rate per week £7.80
Class 4 (self-employed)	8% on profits between £5,225 and £34,840 plus 1% on profits over £34,840