Class 2 and 4 - Self employed

Class 2 and Class 4 - Self employed rates and thresholds

Earnings or Benefits 2021/22 Annual 2022/23 Annual
Class 2
Earnings or BenefitsSmall Earnings Exemption (SEE) threshold2021/22 Annual£6,515.002022/23 Annual£6,515.00
Earnings or BenefitsBelow SEE2021/22 Annual£0.002022/23 Annual£0.00
Earnings or BenefitsWeekly flat rate above SEE2021/22 Annual£3.052022/23 Annual£3.05
Class 4
Earnings or BenefitsSEE threshold2021/22 Annual£6,515.002022/23 Annual£6,515.00
Earnings or BenefitsLower Profits Limit (LPL)2021/22 Annual£9,568.002022/23 Annual£12,570.00
Earnings or BenefitsUpper Profits Limit (UPL)2021/22 Annual£50,270.002022/23 Annual£50,270.00
Earnings or BenefitsBelow SEE2021/22 Annual0.00%2022/23 Annual0.00%
Earnings or BenefitsBetween SEE and LPL2021/22 Annual0.00%2022/23 Annual0.00%
Earnings or BenefitsBetween LPL and UPL2021/22 Annual9.00%2022/23 Annual10.25%
Earnings or BenefitsAbove UPL2021/22 Annual2.00%2022/23 Annual3.25%