National Insurance & Tax Information
From April 2019
| £8.21 | National Living Wage for workers aged 25 and over |
| £7.70 | for workers 21 to 24 years of age |
| £6.15 | for 18 – 20 year olds |
| £4.35 | for 16 – 17 year olds |
| £3.90 | Apprentice Rate |
For the 2019 / 20 Tax Year
| Statutory Sick Pay (SSP) | |
| Minimum weekly earnings to qualify | £118.00 |
| Weekly rate of SSP | £94.25 |
SMP is now paid for up to 39 weeks within this period an employee may have 10 keep in touch days (KIT) which will not effect the payment of SMP
| Ordinary Statutory Paternity Pay (OSPP) | |
| Minimum weekly earnings | £118.00 |
| Weekly rate for up to 2 weeks | is the lesser of £148.68 or 90% of average weekly earnings |
| Statutory Adoption Pay (SAP) | |
| Minimum weekly earnings | £118.00 |
| Weekly rate for up to 39 weeks | Is now in line with SMP |
All employers are entitled to recover 92% of the SMP/OSPP/SAP/ShPP they pay.
If you qualify for Small Employers Relief (annual liability for National Insurance less than £45,000) you are entitled to recover 103% of the SMP/OSPP/SAP/ShPP you pay.
See here for further details and up to date information
From April 2019
Plan 1 Student Loans (taken before 1st September 2012)
| Student Loan Repayments are 9% of earnings above: | £18,935 per annum |
| £1,577.91 per month | |
| £364.13 per week |
Plan 2 Student Loans (taken after 1st September 2012)
| Student Loan Repayments are 9% of earnings above: | £25,725 per annum |
| £2,143.75 per month | |
| £494.71 per week |
England and Northern Ireland
| Allowances | 2019 / 20 tax year |
| Personal Allowance | £12 500 per year |
| Tax Rates | Taxable Income | |
| 20% | Up to £37 500 | Basic Rate |
| 40% | over £37 501 up to £150,000 | Higher Rate |
| 45% | over £150,000 | Additional Rate |
Scotland
| Allowances | 2019 / 20 tax year |
| Personal Allowance | £12 500 per year |
| Tax Rates | Taxable Income | |
| 19% | Up to £2 049 | Scottish Starter Rate |
| 20% | £2 050 to £12 444 | Scottish Basic Rate |
| 21% | £12 445 to £30 930 | Scottish Intermediate Rate |
| 41% | £30 931 to £150 000 | Scottish Higher Rate |
| 46% | over £150,001 | Scottish Additional Rate |
Wales
| Allowances | 2019 / 20 tax year |
| Personal Allowance | £12 500 per year |
| Tax Rates | Taxable Income | |
| 20% | Up to £37 500 | Welsh Basic Rate |
| 40% | over £37 501 up to £150,000 | Welsh Higher Rate |
| 45% | over £150,001 | Welsh Additional Rate |
Please see here for further details.
National Insurance for 2019 / 2020
Employees
| Lower Earnings Limit | Primary Threshold (12% contributions) |
Upper Earnings Limit (2% contributions) |
|
| Weekly | £118 | £166 | £962 |
| Monthly | £512 | £719 | £4 167 |
| Yearly | £6 136 | £8 632 | £50 000 |
| NI Category A | Most Employees |
| NI Category C | Employees over the state pension age, no employee contributions |
| NI Category H | Apprentice under the age of 25 |
| NI Category M | Employees under 21 |
| NI Category X | Employees don’t have to pay National Insurance |
These are the commonly used categories, for more information visit the HMRC website
Employers
| Lower Earnings Limit | Secondary Threshold (13.8%) |
Upper Secondary Threshold, Apprentice Upper Secondary Threshold (13.8%) |
Upper Earnings Limit (13.8%) |
|
| Weekly | £118 | £166 | £962 | £962 |
| Monthly | £512 | £719 | £4 167 | £4 167 |
| Yearly | £6 136 | £8 632 | £50 000 | £50 000 |
| NI Category A | Employers contribute 13.8% above the Secondary Threshold |
| NI Category C | Employers contribute 13.8% above the Secondary Threshold |
| NI Category M | No Employer contributions until the Upper Secondary Threshold |
| Ni Category H | No Employer contributions until the Apprentice Upper Secondary Threshold |
| NI Category X | No Contributions |
The bands and rates are for the most commonly used categories, please visit the HMRC website for full details
Payroll Options have put this very simple guide together to give an indication of bands and contribution rates. This should not be relied upon for calculations and for further guidance please contact us.