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NICs up-rating

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  • The Social Security (Contributions) (Rates, Limits and Thresholds Amendments and National Insurance Funds Payments) Regulations, SI 2017/415, specify the increased NICs rates, limits and thresholds to apply from 6 April 2017 for: class 2 rate and small profits threshold; class 3 rate; class 4 lower and upper profits limits; class 1 lower and upper earnings limits; class 1 primary and secondary thresholds; and Class 1 upper secondary thresholds for employees under 21 and apprentices under 25.
  • The Social Security (Contributions) (Re-rating) Consequential Amendment Regulations 2017, SI 2017/416, increase the special rate of class 2 NICs payable by share fishermen from £3.45 to £3.50 with effect from 6 April 2017.
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