Guide · Self-employed

Class 2 National Insurance Explained (2026/27)

Class 2 is the flat-rate National Insurance for self-employed people. Since April 2024 it is £0 for most people – but it still matters for your State Pension record. Here is what changed and when to pay voluntarily.

Tax year 2026/27 Last updated 28 Aug 2026 HMRC rates

What is Class 2 National Insurance?

Class 2 is a flat weekly National Insurance contribution paid by self-employed sole traders. Historically everyone paid it, but the rules changed in April 2024: Class 2 is now £0 for anyone with profits above the Small Profits Threshold.

Class 2 rates and thresholds (2026/27)

Annual profitClass 2 (2026/27)
Below £7,105 (Small Profits Threshold)£0 due – voluntary £3.65/week available
£7,105 and above£0 (qualifying NI year earned)

If your profit is at least £7,105, you automatically build up a qualifying National Insurance year for State Pension purposes – without paying anything.

When the voluntary £3.65 rate is worth paying

If your profit is below £7,105 you get no record automatically, but you can pay Class 2 voluntarily at £3.65 a week (about £190 a year) to keep your record complete. It may be worthwhile if:

Before paying, check your record on gov.uk – Check your National Insurance record. If you already have enough qualifying years, it may not be necessary.

How Class 2 compares with Class 3 and Class 4

ClassWho pays2026/27
Class 2Self-employed (voluntary below SPT)£0 or £3.65/week voluntary
Class 3Anyone topping up gaps voluntarilyHigher weekly rate (voluntary)
Class 4Self-employed on profits6% / 2% on profits

Class 2 voluntary at £3.65 a week is the cheapest way to protect a qualifying year – far less than Class 3.

Check what you owe in seconds

Enter your profit and see Class 2 status and Class 4 together, for 2026/27 or 2025/26.

Calculate your NI →

FAQs

Do I still pay Class 2 National Insurance in 2026/27?

No – it is £0 for anyone above the £7,105 Small Profits Threshold. Below it you can pay voluntarily at £3.65 a week.

What is the Class 2 Small Profits Threshold for 2026/27?

£7,105. Above it you earn a qualifying NI year at no cost.

What is the difference between Class 2 and Class 4?

Class 2 is a flat weekly contribution (now £0 for most); Class 4 is a percentage of profit – 6% between £12,570 and £50,270 and 2% above.

Disclaimer: This guide is general information, not tax advice. Figures are for 2026/27. Your entitlement depends on your individual record – check gov.uk.