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The following table shows the National Insurance Contributions for 2004/2005 (effective from April 2004) as announced in the Budget 2003.

Item	2004/2005
Lower Earning Limit, Primary Class 1	£79 per week
Upper Earning Limit, Primary Class 1	£595 per week
Primary Threshold	£89 per week
Secondary Threshold	£89 per week
Employees' Primary Class 1 Rate	11% of £89.01 to £595 per week. 1% above £595 per week
Employees' Contracted-Out Rebate	1.6%
Married Woman's Reduced Rate	4.85% of £89.01 to £595 per week. 1% above £595 per week
Employers' Secondary Class 1 Rate	12.8% above £89 per week
Employers’ contracted-out rebate, salary-related schemes	3.5%
Employers’ contracted-out rebate, money-purchase schemes	1.0%
Class 2 rate	£2.00 per week
Class 2 small earnings exception	£4,095 per year
Special Class 2 rate for share fishermen	£2.65 per week
Special Class 2 rate for volunteer development workers	£3.85 per week
Class 3 rate	£6.95 per week
Class 4 lower profits limit	£4,615 per year
Class 4 upper profits limit	£30,940 per year
Class 4 rate	8% of £4,615 to £30,940 per year. 1% above £30,940 per year

• When do I have to start deducting NICs from my employee's wages?
• When do I calculate the NICs due?
• Where do I send the money?
• When must I send it?
• What detailed information/help is available to help me get the National Insurance correct?
• How long do I need to keep payroll records for?
• Do I complete two P14s for the same employee if they worked for me at the start of the year, left and then came back again?
• I pay my employee calendar monthly but they will reach State Retirement Pension age during the month. Which category of National Insurance do I charge?
• How Will I Know My Employee's NI Number?
• My Employee Has An NI Number But Can't Remember It
• What if I Still Can't Find It?
• NI Number Tracing Service

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