National Insurance rates and thresholds for 2022-23 confirmed

03 November 2021

HMRC has confirmed the 2022-23 National Insurance (NI) rates in an email to software developers. The tables below show the earnings thresholds and the contribution rates.

Earnings Thresholds

 

LEL

PT

ST

FUST

UEL/UST/AUST/VUST

Weekly

£123

£190

£175

£481

£967

2 Weekly

£246

£380

£350

£962

£1,934

4 Weekly

£492

£760

£700

£1,924

£3,867

Monthly

£533

£823

£758

£2,083

£4,189

Quarterly

£1,599

£2,470

£2,275

£6,250

£12,568

Half-Yearly

£3,198

£4,940

£4,550

£12,500

£25,135

Annual

£6,396

£9,880

£9,100

£25,000

£50,270

Employee’s Contributions

Letter

Earnings below LEL

Earnings at or above LEL up to and including PT

Earnings above PT up to and including UEL

Balance of earnings above UEL

A

NIL

0%

13.25%

3.25%

B

NIL

0%

7.10%

3.25%

C

NIL

NIL

NIL

NIL

F

NIL

0%

13.25%

3.25%

H

NIL

0%

13.25%

3.25%

I

NIL

0%

7.10%

3.25%

J

NIL

0%

3.25%

3.25%

L

NIL

0%

3.25%

3.25%

M

NIL

0%

13.25%

3.25%

S

NIL

NIL

NIL

NIL

V

NIL

0%

13.25%

3.25%

Z

NIL

0%

3.25%

3.25%

Employers Contributions

Letter

Earnings below LEL

Earnings at or above LEL up to and including ST

Earnings above ST up to and including FUST

Earnings above FUST up to and including UST/AUST/VUST

Balance of earnings above UST/AUST/VUST

A

NIL

0%

15.05%

15.05%

15.05%

B

NIL

0%

15.05%

15.05%

15.05%

C

NIL

0%

15.05%

15.05%

15.05%

F

NIL

0%

0%

15.05%

15.05%

H

NIL

0%

0%

0%

15.05%

I

NIL

0%

0%

15.05%

15.05%

J

NIL

0%

15.05%

15.05%

15.05%

L

NIL

0%

0%

15.05%

15.05%

M

NIL

0%

0%

0%

15.05%

S

NIL

0%

0%

15.05%

15.05%

V

NIL

0%

0%

0%

15.05%

Z

NIL

0%

0%

0%

15.05%

Glossary
LEL – Lower Earnings Limit
PT – Primary Threshold
ST – Secondary Threshold
FUST – Freeport Upper Threshold
UEL – Upper Earnings Limit
UST – Upper Secondary Threshold
AUST – Apprentice Upper Secondary Threshold
VUST – Veterans Upper Secondary Threshold

NI Category Letters
A – All not covered by another category
B – Married woman and widows entitled to pay reduced NI
C – Employees over state pension age
F – Freeport standard
H – Apprentice Under 25
I – Freeport married woman’s reduced rate election (MWRRE)
J – Deferment
L – Freeport deferment
M – Under 21
S – Freeport over state pension age
V – Veterans standard
Z – Under 21 deferment


Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information.