TCM4000 Reference Section Inland Revenue Rates and Allowances
National Insurance

Item 2000 - 2001 2001 - 2002
Lower Earnings Limit £67.00 £72.00
Upper Earnings Limit £535.00 £575.00
Primary Threshold £76.00 £87.00
Secondary Threshold £84.00 £87.00
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% 3%
Employers’ contracted-out rebate, money-purchase schemes 6% 6%
Class 2 Self employed Contribution £2.00 £2.00
Class 2 Small Earnings Exception n/a £3,955 per year
Special Class 2 rate for share fishermen n/a £2.65
Special Class 2 rate for volunteer development workers n/a £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%

Source: HM Government Inland Revenue