Annual year-end accounts, tax and self assessment for small businesses.
All figures are weekly unless shown otherwise.
£ per week 2006 / 07 2005 / 06 Lower earnings limit, primary Class 1 £84 £82 Lower earnings limit, primary Class 1 £645 £630 Primary threshold £97 £94 Secondary threshold £97 £94 Employees' primary Class 1 rate between 11% 11% Employees' primary Class 1 rate above upper earnings limit 1% 1% Employee' contracted-out rebate 1.6% 1.6% Married women's reduced rate between 4.85% 4.85% Married women's rate above upper earning limit 1% 1% Employers' secondary Class 1 rate above 12.8% 12.8% Employers' contracted-out rebate, salary-related schemes 3.5% 3.5% Employers' contracted-out rebate, 1% 1% Class 2 rate £2.10 £2.10 Class 2 small earnings exception £4,465 per year £4.345 per year Special Class 2 rate for share fishermen £2.75 £2.75 Special Class 2 rate for volunteer development workers £4.20 £4.10 Class 3 rate £7.55 £7.35 Class 4 lower profits limit £5,035 per year £4,895 per year Class 4 upper profits limit £33,540 per year £32,760 per year Class 4 rate between lower profits limit 8% 8% Class 4 rate above upper profits limit 1% 1%
primary threshold and upper earnings limit
primary threshold and upper earnings limit
secondary threshold
money-purchase schemes
and upper profits limit
The information on this page is for guidance only. Professional advice should be obtained before acting on any information contained.
