2026/27 thresholds
| Weekly | Yearly | |
|---|---|---|
| Primary threshold | £242 | £12,570 |
| Upper earnings limit | £967 | £50,270 |
| Secondary threshold (employer) | £96 | £5,000 |
Employees pay 8% between the primary threshold and upper earnings limit, then 2%. Employers pay 15% above the secondary threshold (Employment Allowance up to £10,500 for eligible employers). Self-employed Class 4: 6% and 2%; Class 2 is no longer charged.
FAQ
How much NI on £40,000?
£2,194 a year for an employee: 8% of £27,430.
Sources (checked 6 Nov 2026): HMRC rates and thresholds for employers 2026 to 2027.