Social Security Tax Limit 2024 Uk. For the 2024/25 tax year, employees pay class 1 nics at 8% on earnings between gbp 12,571 and gbp 50,270. Flat rate of £3.45 per week if profits are.
Uk taxpayers can earn £12,570 before paying income tax in tax year 2024/25. The rates are summarised as follows: