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David Barry Accountants and tax advisers 020 8252 7018/07877671423
| Class 1 Employee Not contracted-out of State Second Pension (S2P) | | Narrative | Employee/Employer
| | NIC rate
| 11%/12.8%
| | No NICs on the first | £110pw/£110pw | | NICs charged at 11%/12.80% up to | £844pw/No limit
| | 1% NIC earnings over | £844pw | | Certain married women | 4.85%/12.80% | | Limits and | Thresholds | | Lower earnings limit | £97pw/£421monthly/£5,044 annual | | Earnings threshold | £110pw/£476monthly/£5,715 annual | | Upper accruals point | £770pw/£3,337monthly/£40,040 annual | | Class 1A | Employer | | On car and fuel benefits and most other taxable benefits | 12.80% | | Self-employed |
| | Class 2 Flat rate | £2.40pw/£124.80pa | | Small earnings Small earnings
| exemption £5,075 pa
| | Class 4 unless over state pension age on 06 April 2010 | | | On profits |
| | £5,715-£43,875 | 8% | | Over £43,875 | 1% | | Voluntary |
| | Class 3 flat rate | £12.05pw/£626.60 pa | | BASIC STATE PENSION Single person Dependants addition Total married pension Pension credit Standard minimum guarantee
Single Couple
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£97.65pw/£5,077.80 annual
£58.50pw/£3,042 annual£156.15pw/£8,119.80
£132.60pw/£6,895.20annual £202.40/£10,524.80 annual |
Car Fuel benefits (2009/10 and 2010/11) - £16,900/£18,000 x CO2'appropriate percentage'.
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