NIM24050 - Class 4 NICs: structure from 6 April 2003: Class 4 rates and limits from 6 April 2003 onwards
The following table provides the relevant Class 4 NICs percentages and corresponding Lower and Upper Profit Limits for tax years 2003/2004 onwards.
Tax Year |
Lower Profits Limit (LPL) |
Upper Profits Limit (UPL) |
Class 4 NICs percentages - Profits between LPL and UPL |
Profit as above UPL |
|---|---|---|---|---|
2003-2004 |
£4615 |
£30940 |
8% |
1% |
2004-2005 |
£4745 |
£31720 |
8% |
1% |
2005-2006 |
£4895 |
£32760 |
8% |
1% |
2006-2007 |
£5035 |
£33540 |
8% |
1% |
2007-2008 |
£5225 |
£34840 |
8% |
1% |
2008-2009 |
£5435 |
£40040 |
8% |
1% |
2009-2010 |
£5715 |
£43875 |
8% |
1% |
2010-2011 |
£5715 |
£43875 |
8% |
1% |
2011-2012 |
£7225 |
£42475 |
9% |
2% |
2012-2013 |
£7605 |
£42475 |
9% |
2% |
2013-2014 |
£7755 |
£41450 |
9% |
2% |
2014-2015 |
£7,956 |
£41,865 |
9% |
2% |
2015-2016 |
£8,060 |
£42,385 |
9% |
2% |
2016-2017 |
£8,060 |
£43,000 |
9% | 2% |
2017-2018 |
£8,164 |
£45,000 |
9% | 2% |
2018-2019 |
£8,424 |
£46,350 |
9% | 2% |
2019-2020 |
£8,632 |
£50,000 |
9% | 2% |
2020-2021 |
£9,500 |
£50,000 |
9% | 2% |
2021-2022 |
£9,568 |
£50,270 |
9% | 2% |
| 2022-2023 | £11,908 | £50,270 | 9.73% | 2.73% |
| 2023-2024 | £12,570 | £50,270 | 9% | 2% |
| 2024-2025 | £12,570 | £50,270 | 6% | 2% |