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4750. NI modification for 2024-25
 

National Insurance Contributions(NIC) Rates for the tax year 2024-25 are shown in below tables.

Employee NI Rates expressed as percentage

National Insurance category letter Earnings at or above LEL upto and including PT
 Earnings above PT up to and including UEL Balance of earning above UEL
A 0 8 2
B 0 1.85 2
C NIL NIL NIL
D(Investment Zone-deferment) 0 2 2
E(Investment Zone- married women and widows reduced rate) 0 1.85 2
F(Freeport) 0 8 2
H(apprentice under 25) 0 8 2
I(Freeport - married women and widows reduced rate) 0 1.85 2
J 0 2 2
K(Investment Zone-state pensioner) NIL NIL NIL
L(Freeport - deferment) 0 2 2
M (under 21) 0 8 2
N (Investment Zone) 0 8 2
S (Freeport - state pensioner) NIL NIL NIL
V (veteran) 0 8 2
Z (under 21 - deferment) 0 2 2
 

Employer NI Rates expressed as percentage

National Insurance category letter Earnings at or above LEL upto and including ST Earnings above ST up to and including Freeport upper ST
Earnings above Freeport upper ST up to and including UEL/UST for under 21s,apprentices and veterans
 Balance of earning above UEL/UST for under 21s, apprentices and veterans
A 0 13.8 13.8 13.8
B 0 13.8 13.8 13.8
C 0 13.8 13.8 13.8
D(Investment Zone-deferment) 0 0 13.8 13.8
E(Investment Zone-married women and widows reduced rate) 0 0 13.8 13.8
F(Freeport) 0 0 13.8 13.8
H(apprentice under 25) 0 0 0 13.8
I(Freeport - married women and widows reduced rate) 0 0 13.8 13.8
J 0 13.8 13.8 13.8
K(Investment Zone-state pensioner) 0 0 13.8 13.8
L(Freeport - deferment) 0 0 13.8 13.8
M(under 21) 0 0 0 13.8
N(Investment Zone) 0 0 13.8 13.8
S(Freeport - state pensioner) 0 0 13.8 13.8
V(veteran) 0 0 0 13.8
Z(under 21 - deferment) 0 0 0 13.8

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