A UILabel subclass that adds padding around the text and handles layout properly.

NRLabel

import UIKit

class NRLabel : UILabel {

	var textInsets: UIEdgeInsets = UIEdgeInsetsZero

	override func textRect(forBounds bounds: CGRect, limitedToNumberOfLines numberOfLines: Int) -> CGRect {
		let insetRect = UIEdgeInsetsInsetRect(bounds, textInsets)
		let textRect = super.textRect(forBounds: insetRect, limitedToNumberOfLines: numberOfLines)
		let invertedInsets = UIEdgeInsets(top: -textInsets.top,
		                                  left: -textInsets.left,
		                                  bottom: -textInsets.bottom,
		                                  right: -textInsets.right)
		return UIEdgeInsetsInsetRect(textRect, invertedInsets)
	}

	override func drawText(in rect: CGRect) {
		super.drawText(in: UIEdgeInsetsInsetRect(rect, textInsets))
	}
}