National Insurance社会保险.docVIP

National Insurance Show all parts of this guide 1. Overview 2. Your National Insurance number 3. National Insurance contributions - how much you pay 4. What National Insurance is for 5. Help if youre not working 6. Change of circumstance 1. Overview You pay National Insurance contributions to qualify for certain benefits including the State Pension. You pay National Insurance if you’re: 16 or over an employee earning above ￡153 a week self employed and making a profit over ￡5,885 a year (unless you get an exception) The exact amount you pay depends on: how much you earn whether you’re employed or self-employed You may also want to pay voluntary contributions to make up for gaps in your National Insurance record. For example, you can have a gap because you weren’t working and didn’t get any state benefits. When you stop paying If you’re employed, you stop paying Class 1 National Insurance when you reach the State Pension age. If you’re self-employed you stop paying: Class 2 National Insurance when you reach State Pension age (or up to 4 months after this to pay off any contributions you owe) Class 4 National Insurance from 6 April (start of the tax year) after you reach State Pension age National Insurance classes The class you pay depends on your employment status or if you have a gap in your National Insurance record. National Insurance class Who pays Class 1 Employees earning more than ￡153 a week and under state pension age - they’re automatically deducted by your employer Class 1A or 1B Employers pay these directly themselves on their employee’s expenses or benefits Class 2 Self-employed people - you don’t have to pay if you earn less than ￡5,885 and apply for a ‘small earnings exception’ Class 3 Voluntary contributions - you can pay them to fill or avoid gaps in your National Insurance record Class 4 Self-employed people earning profits over ￡7,956 2. Your National Insurance number Your National Insurance number makes sure your National Insur