1. £155 or less weekly NIL weekly £112 2. £155.01 or more weekly 12% Upper earnings limit to upper earnings limit 2% weekly £827 3. £827.01 weekly and Earnings Bands 17/18 Earnings Limits 15/16 Earnings Percentage rates Lower earnings limit 1. £157 or less weekly NIL weekly £113 2. £157.01 or more weekly 12% Upper earnings limit to upper earnings limit 2% weekly £866 3. £866.01 weekly and above Earnings Bands 18/19 Earnings Limits 15/16 Earnings Percentage rates Lower earnings limit 1. £162 or less weekly NIL weekly £116 2. £162.01 or more weekly 12% Upper earnings limit to upper earnings limit 2% weekly £892 3. £892.01 weekly and above Class 2 contributions 1. The weekly rate of 2 contributions are as follows. 13/14 14/15 15/16 16/17 17/18 18/19 £ £ £ £ £ £ Ordinary 2.70 2.75 2.80 2.80 2.85 2.95 Class 2 rate Share fishermen 3.45 rate 3.35 3.40 3.40 3.50 3.60 Small earnings exception/small profits threshold The rates of the small earnings exception and small profits threshold are as follows.
1. £155 or less weekly 2. £155.01 or more weekly to upper earnings limit 3. £827.01 weekly and NIL 12% 2% weekly £112 Upper earnings limit weekly £827 Earnings Bands 17/18 Earnings 1. £157 or less weekly 2. £157.01 or more weekly to upper earnings limit 3. £866.01 weekly and above Percentage rates NIL 12% 2% Earnings Limits 15/16 Lower earnings limit weekly £113 Upper earnings limit weekly £866 Earnings Bands 18/19 Earnings 1. £162 or less weekly 2. £162.01 or more weekly to upper earnings limit 3. £892.01 weekly and above Percentage rates NIL 12% 2% Earnings Limits 15/16 Lower earnings limit weekly £116 Upper earnings limit weekly £892 Class 2 contributions 1. The weekly rate of 2 contributions are as follows. 13/14 £ 14/15 £ 15/16 £ 16/17 £ 17/18 £ 18/19 £ Ordinary Class 2 rate Share fishermen rate 2.70 3.35 2.75 3.40 2.80 3.40 2.80 3.45 2.85 3.50 2.95 3.60 Small earnings exception/small profits threshold The rates of the small earnings exception and small profits threshold are as follows.
dmgvol3-chapter15.DOCX