National Insurance
The rates and thresholds for National Insurance Contributions for 2024/25 are:
| Class: | Monthly earnings | Rate |
| Employer Class 1 above Secondary threshold | Over £758 | 13.8% |
| Employee's class 1 | £1048 to £4189 | 10% |
| Employee's additional class 1 | Over £4189 | 2% |
| Self-employed class 2 (per week) | N/A | £3.70 |
| Share fishermen class 2 (per week) | N/A | £4.10 |
| Volunteer development workers class 2 | N/A | £6.15 |
| Class 3 (per week) | N/A | £17.45 |
| Annual profit thresholds | ||
| Self-employed class 2 | Over £12,570 credit available if profits between £6725 and £12,570 |
|
| Self-employed class 4 | £12,570 to £50,270 | 8% |
| Self-employed class 4 additional rate | Over £50,270 | 2% |
See our helpsheet on individual savings accounts to see the rules on investing efficiently with ISA's.
Charities & Not For Profit
We have been providing charity clients with high quality, specialist advice and service for many years, and our charity clients range from small village halls to large national organisations...
Farming Industry
The largest industry sector that we deal with is farming, as you would expect in a rural practice. This means that we have developed considerable expertise in this field...
Business News
