National Insurance Contributions limits for 20/21
Class 1 primary threshold and Class 4 lower profits limit, however, the upper limits remain unchanged. As for the other thresholds they will increase will inflation.
The reason for the large increases in in the primary threshold and the lower profits limit is due to the government’s aim to raise these amounts to £12,500.
Class 1 2020/21 2019/20
Primary threshold . £183 per week £166 per week
£792 per month. £719 per month
£9,500 per year. £8,632 per year