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1403. Why does my Pensioner still need to pay NIC after retirement?
If the pensioner is a Director and has reached retirement age during the tax year his NIC will still be re-calculated at the end of the tax year. In the final pay run of the tax year a pension aged Director may still be liable for NICs. The NIC due will be calculated on the portion of the tax year leading up to him/her reaching pensionable age.