The minimum amount that must be earned in any period before National Insurance contributions are payable.
If you earn less than this limit (roughly the same as the basic State pension), you do not have to pay National Insurance Contributions. The upper earnings limit is roughly seven times as much and you pay no National Insurance Contributions on any earnings above it (although your employer does). The earnings between the two limits are used to work out your pension from the State Earnings-Related Pension Scheme and your National Insurance Contributions.
The level of income at which employees start to pay Class 1 National Insurance contributions.
The minimum earnings that someone must earn in a tax year in order to enjoy entitlement to State benefits, including Incapacity Benefit, Jobseeker's Allowance and State Pension.
this is the weekly amount (currently £72.00 per week, £3,744.00 per year for the period April 2001 to March 2002) above which workers are credited with national insurance contributions. It is often the deduction made from pensionable pay when schemes are integrated with the state scheme.
The minimum amount, approximately equivalent to the single personâ€(tm)s basic pension, which must be earned in any pay period before NI contributions are payable. Up to 5 April 1999, the lower earnings limit on which employer and employee NI contributions were based. From 6 April 1999 to 5 April 2000, the lower earnings limit on which employee NI contributions are based. From 6 April 2000, the lower earnings limit on which an employeeâ€(tm)s state benefits are calculated.
This is the least amount someone must earn before they have to pay national insurance .
The minimum amount which must be earned in any pay period before National Insurance becomes payable.
The minimum amount you must earn before you pay National Insurance contributions on your wages or salary
The minimum amount which must be earned in any pay period before NIC becomes payable. Also the lower limit for SERPS accrual. Income qualifying for SERPs benefit forms a band of earnings between the Lower Earnings Limit (LEL) and an Upper Earnings Limit (UEL), this latter being usually between 61/2 and 71/2 the LEL. See also 'Middle Band Earnings'.