How is National Insurance Calculated? (+ NIC Rates for 2023)
See examples of how national insurance is calculated, learn about the different NIC classes and find the NI thresholds for 2023.
National Insurance
Searching for national insurance rates and thresholds? Or wondering what types of national insurance you pay, why and how? Search no more! Here you’ll find essential reading to help you learn more about national insurance, getting a national insurance number and why you need to make regular contributions.
How To Calculate Class 4 National Insurance (2023)
Find out how to calculate class 4 national insurance, the tax-free thresholds available and the Class 4 NIC rates for the 2023-24 tax year.
National Insurance Credits
Understand national insurance credits and how they keep your NIC record up to date to protect your ability to claim state benefits.
How to Get a National Insurance Number
Getting a national insurance number entitles you to not just work in the UK but also the right to claim certain state benefits. Here’s how to apply.
HMRC Annual Maximum for National Insurance Contributions
When you are employed and self-employed you’ll pay Class 1, Class 2 and Class 4 national insurance. That can add up, especially if you have substantial earnings. HMRC sets out a maximum amount every tax year of national insurance that you need to pay. Here’s how to check if you are overpaying and how you can get a refund.
What is a National Insurance Number
Your national insurance number is an important piece of information that you’ll keep with you all your life. It gives you the right to work in the UK and the ability to claim state benefits. Here’s everything you need to know about it, why you have one and where to find it.