Employers must pay a 2% rate on their employees’ earnings, between the Standard Earnings Limit (£4,290) and the Upper Earnings Limit (£14,188) in 2018
Contribution levels from 1 January 2018
Table showing percentage of wage that must be contributed per month up to the Standard Earnings Limit of £4,290.
Table showing the Monthly Earnings Limits and maximum Class 2 contribution rate per month.
|Upper Earnings Monthly Limit (UEL)||£14,188|
|Standard Earnings Monthly Limit (SEL)||£4,290|
|Lower Earnings Monthly Limit (LEL)||£908|
|Maximum rate Class 2 contribution||£734.21|
You can use our contributions calculator to help you.