|
Item
|
2000-01
|
2001-02 |
|
Lower
Earnings Limit
|
£67
|
£72
|
|
Upper
Earnings Limit
|
£535
|
£575
|
|
Primary
Threshold
|
£76
|
£87
|
|
Secondary
Threshold
|
£84
|
£87 |
|
Employee's
contributions
|
10%
of £76.01 to £535
|
10%
of £87.01 to £575 |
|
Employee's
Contracted-out Rebate
|
1.6%
|
1.
6% |
|
Married
Women Reduced Rate
|
3.85%
|
3.85%
|
|
Employer's
Contribution Rates
|
12.2%
|
11.9%
on earnings above £87 |
|
Employers’
contracted-out rebate, salary-related schemes
|
3.0%
|
3%
|
| Employers’
contracted-out rebate, money-purchase schemes |
0.6%
|
0.6% |
|
Class 2
Self employed Contribution
|
£2.00
|
£2.00 |
| Class
2 Small Earnings Exception |
-
|
£3,955
per year |
| Special
Class 2 rate for share fishermen |
-
|
£2.65 |
| Special
Class 2 rate for volunteer development workers |
-
|
£3.60
|
|
Small
Earnings Exception
|
£3,825
per year
|
£3,955
per year |
|
Class 3
(voluntary) Contribution
|
£6.55
|
£6.75 |
|
Class 4
Contributions - Upper Profits Limit
|
£27,820
per year
|
£29,900
per year |
|
Class 4
Contributions - Lower Profits Limit
|
£4,385
per year
|
£4,535
per year |
|
Class 4
- Contribution Rate
|
7%
|
7% |