National Insurance and tax after State Pension age. Print entire guide. Brexit Check what you need to do. Is this page useful? Maybe Yes this page is useful No this page is not useful. Thank you for your feedback. Make sure you will benefit from paying them before doing so. You can pay Class 3 NIC for any tax year when you are aged between 16 years old and state pension age provided that you were resident in Great Britain or Northern Ireland for the year in question.
Class 3 NIC cannot be paid for the tax year in which you attain state pension age nor for any future year. Normally you have six years from the end of the relevant tax year in which to pay Class 3 NIC although if you pay them more than two years after the end of the relevant tax year, you may have to pay them at a higher rate.
You should look at the guidance on GOV. UK if you think either of these situations applies to you. If you are self-employed you might also pay Class 4 NIC. Whether or not you have to pay Class 4 NIC depends on your level of self-employment profits.
Class 4 NIC are an annual charge. This means you might still have to pay them on any taxable profits for the whole tax year in which you reach state pension age. You will be exempt from payment of Class 4 NIC from the beginning of the following tax year. In other words, you stop paying Class 4 NIC from the start of the tax year after the one in which you reach state pension age. For example, Bill reaches state pension age on 1 January His self-employed accounts year end is 5 April.
You might find that you overpay NIC in certain circumstances, including if, in error, you continue to pay NIC once you have reached your state pension age. If you think this might apply to you look at our tax basics section for more information.
Skip to main content. What National Insurance do I pay after retirement? Updated on 27 July Who pays NIC? If you are an employee, you normally pay Class 1 NIC. If you are self-employed you normally pay Class 2 NIC. In some limited situations, you can pay for gaps from more than six years ago: You have six years after you reach state pension age to pay Class 3 NIC, if you are a: Man born between 6 April and 5 April ; Woman born between 6 April and 5 October Where can I find more information?
What income is taxable? Follow Metro across our social channels, on Facebook , Twitter and Instagram. Poppy Logo. FB house promo. Sign Up for News Updates. Sign up. If you're employed you pay Class 1 National Insurance contributions based on your level of earnings. If you're self-employed you pay Class 2 contributions at a flat weekly rate and Class 4 contributions annually, based on your level of taxable profits.
You stop paying Class 4 contributions at the end of the tax year in which you reach State Pension age. We will not reply to your feedback. Don't include any personal or financial information, for example National Insurance, credit card numbers, or phone numbers. The nidirect privacy notice applies to any information you send on this feedback form. Comments or queries about angling can be emailed to anglingcorrespondence daera-ni. If you have a comment or query about benefits, you will need to contact the government department or agency which handles that benefit.
Contacts for common benefits are listed below. Call Email dcs.
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