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Contractor Pension Calculator

Calculate the benefits of investing in a contractor pension

Use this calculator to calculate the benefits of investing in a contractor pension.

Investing in a pension fund provides a highly tax efficient way of contributing to a well-funded retirement. Pension contributions made by a contractor limited company are tax deductible.

This calculator will determine to what extent you can benefit, based on your contracting rate and your age. It will show you how much you could tax efficiently contribute each year, whilst providing a tailored example to show the outcome.

Please enter your details to see how you could benefit:

Basic Calculation >
Rate: £
Rate type:  
IR35 status:  
Hours per week:  
Days worked per week:  
Weeks per year:  
Annual expenses: £
Gross salary drawn as Director: £ (excl Employers NI Employees NI)
Annual pension contributions: £
Other annual income: £
I split the dividend and receive    percent.
Personal tax code:  
    (Single person code 1257L - Budget 2023)
Tax year:  

Solutions for Contractors: