Following the Autumn Statement, HMRC made available the rates and thresholds that will apply in 2013/14.  The percentage rates remain unchanged from 2012/13 with thresholds as follows:

Employee Thresholds

Weekly 2012/13 2013/14 Change
  £ £ £
Lower Earnings Limit (LEL) 107 109 +2
Primary Threshold (PT) 146 149 +3
Upper Accrual Point (UAP) 770 770 0
Upper Earnings Limit (UEL) 817 797  
  • Contributions percentages remain unchanged at 12% on earnings above the PT up to an including the UEL and 2% on earnings above the UEL
  • COSR rebate is 1.4% on earnings above the LEL up to an including the UAP
  • Married Women’s Reduced Rate remains at 5.85%

Employer Thresholds

Weekly 2012/13 2013/14 Change
  £ £ £
Lower Earnings Limit (LEL) 107 109 +2
Secondary Threshold (ST) 144 148 +4
Upper Accrual Point (UAP) 770 770 0
Upper Earnings Limit (UEL) 817 797 -20
  • Contributions percentages remain unchanged at 13.8% on earnings above the ST
  • COSR rebate is 3.4%% on earnings above the LEL up to an including the UAP

Other National Insurance

  2012/13 2013/14 Change
£ £ £
Class 2      
Weekly Rate 2.65 2.70 +.05
Small Earnings Exemption (pa) 5,595 5,725 +130
Class 2 Special      
Share Fishermen  3.30 pw  3.35 pw  +.10
 Volunteer Development Workers  5.35 pw  5.45 pw  +.10
 Class 3 Weekly Rate  13.25  13.55  +.30

Further Information