National Insurance Calculator
National Insurance (NI) is a contribution made by employees and employers to fund certain state benefits. Understanding how to calculate it is crucial for financial planning.
How to Use This Calculator
- Enter your annual income.
- Enter your age.
- Select if you’re employed.
- Click ‘Calculate’.
Formula & Methodology
The National Insurance rate is 12% on earnings between £9,568 and £50,270. For earnings above £50,270, the rate is 2%.
Real-World Examples
Data & Statistics
| Earnings | Rate |
|---|---|
| Up to £9,568 | 0% |
| £9,569 to £50,270 | 12% |
| Over £50,270 | 2% |
Expert Tips
- Consider using salary sacrifice schemes to reduce your NI contributions.
- Be aware of the NI threshold for high earners.
Interactive FAQ
What is the National Insurance threshold for 2021/22?
The primary threshold is £9,568.
For more information, see the official National Insurance rates page.