LOCAL INFORMATION

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

Extent: Jersey
Updated 28 May 2019
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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

 

Contribution Levels

 Who must pay

Percentage of Wage to be contributed (2018)

Percentage of Wage to be contributed (2019)

 

Primary (Employee)

6%

6%

 

Secondary (Employer)

6.5%

6.5%

 

Secondary UEL (Employer)

2%

2%

 

Standard Earnings Limit (SEL)

£4,290

£4,442

 

Upper Earnings Monthly Limit (UEL)

£14,188

£14,686

 

Lower Earnings Monthly Limit (LEL)

£908

£940

 

Class 2 - Maximum contribution

Standard Rate

£734.21

£536.25

£760.13

£555.25

 

 

For Employers: For most employees, during 2019 you must pay 6.5% of their gross wage up to the Standard Earnings Limit (SEL) of £4,442 per month. For any wages paid above the SEL, 2% must be paid up to the Upper Earnings Limit of £14,686 per month.