An amount set by the government for each tax year for the purposes of calculating National Insurance contributions (NICs) payable by employees. The upper earnings limit (UEL) for /21 is £ a week. An employee must pay NICs at rate of 12% of earnings between the primary threshold and the UEL, plus 2% of earnings above the UEL. His employer must pay NICs at rate of % of the employee's. National Insurance (NIC) Rates – /12 This is the /12 NICs table. The employers’ NI rate has increased by 1% to %, and the main Class 1 rate for employees has risen from 11% to 12%. d) The Upper Earnings Limit (or UEL) (£ per week for /21). For high earners who are paid over the Upper Earnings Limit, the National Insurance rate falls. On earnings above this limit, the employee pays a lower rate of 2%.The Employer continues to pay the standard rate of employer’s National Insurance (%) on these earnings. e.