From 1 January 2012, employers have to pay a new 2% rate on their employees earnings between the Standard Earnings Limit (SEL) of £45,336 per year (£3,778 per month) and the Upper Earnings Limit (UEL) of £150,000 per year (£12,500 per month).
The changes also affect anyone with an annual income of more than £45,336 who pays Class 2 contributions. Further information on how these changes may affect you is available on the following pages.Changes to Class 2 contributions
Changes to employer contributions in 2012
Items to include in an employee's gross wage Items not to include in an employee's gross wage