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12th June 2015, 01:07 PM
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Join Date: Apr 2013
Re: Company National Insurance Rates UK

National Insurance (NI) in the United Kingdom is a system of contributions paid by workers and employers towards the cost of certain state benefits.

National Insurance rates in UK divided in following categories:

National Insurance
Corporation tax
Capital gains tax
Motoring taxes
Inheritance tax
Stamp duty
Insurance Premium Tax
Air Passenger Duty
PAYE

Contribution Rates - Employees
The history of the rates charged is as given below:

1975 - 1976 the contribution was at 5.50% up to the upper limit.
1976 - 1978 the contribution was at 5.75% up to the upper limit.
1978 - 1979 the contribution was at 6.50% up to the upper limit.
1979 - 1980 the contribution was at 6.75% up to the upper limit.
1980 - 1981 the contribution was at 7.75% up to the upper limit.
1981 - 1982 the contribution was at 8.75% up to the upper limit.
1982 - 1989 the contribution was at 9.00% up to the upper limit.
1989 - 1994 the contribution was at 2.00% on the lower band of earnings and then at 9.00% up to the upper limit.
1995 - 1999 the contribution was at 2.00% on the lower band of earnings and then at 10.00% up to the upper limit.
1999 - 2003 the contribution was at 0.00% on the lower band of earnings and then at 10.00% up to the upper limit.
2003 - 2011 the contribution was at 0.00% on the lower band of earnings and then at 11.00% up to the upper limit and 1% on earnings over the upper limit.

2011 - 2015 the contribution was at 0.00% on the lower band of earnings and then at 12.00% up to the upper limit and 2% on earnings over the upper limit.




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