Citizens Advice Bureau

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LOCAL INFORMATION

9.8.0.L4
Social Security Contributions - Current rates, ceiling and threshold

Extent: Jersey
Updated 10 December 2014
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 Words you may need to know

 

Threshold – maximum you will pay

Earnings ceiling – the most you need to pay on

Class 2 contributions – this is what people who are self employed pay

UEL – Upper earnings limit

SEL – Standard earnings limit

LEL – Lower earnings limit

Current rates, ceiling and threshold

 

2012

2013

2014

 2015

 

 

Primary (Employee)

6%

6%

6%

6%

 

 

Secondary (Employer)

6.5%

6.5%

6.5%

6.5%

 

 

Secondary UEL (Employer)

2%

2%

2%

 2%

 

 

Earnings Ceiling (per month)

£3,778

£3,834

£3,918

 £4,020

 

 

Upper Earnings Monthly Limit (UEL)

£12,500

£12,686

£12,964

 £31,302

 

 

Earnings Threshold (per month)

£796

£808

£824

 £848

 

 

Class 2 - Maximum contribution

£472.25

£656.29

£670.67

 £688.14

 

 

 

From 1 January 2015

 

​Upper Earnings Limit (UEL)

​£13,302 per month

​Standard Earnings Limit (SEL)

​£4,020 per month

​Lower Earnings Monthly Limit (LEL)

​£848 per month

​Maximum Rate Class 2 contributions​

​£688.14 per month

 

For Employers: For most employees, during 2015 you must pay 6.5% of their gross wage up to the Standard Earnings Limit (SEL) of £4,020 per month. For any wages paid above the SEL, 2% must be paid up to the Upper Earnings Limit of £13,302 per month.