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Contractor guide to UK state-backed pension: National Employment Savings Trust (NEST)
Contractors should take pension action now & not be auto-enrolled into the National Employment Savings Trust.
…tax-efficient methods of extracting earnings from contracting income for contractors. Given the unique nature o…
Category: Articles: Pensions | Thu, 29 Apr 2010

Retirement planning for contractors: 10 key areas to focus on
Contractors looking to enjoy a well funded retirement can take steps to maximise their income and minimise tax, explains Abbott Moore’s James Abbott.
…ent just because they’ve stopped or reduced their contracting business,” notes Abbott. “Simple measures, such a… …per year, should consider working on a fixed-term contract basis with their client, trading as a sole trader…
Category: Articles: Pensions | Wed, 23 Oct 2013

How pensions work for contractors
This article explains how pension contributions can save you a fortune in taxes and enable you to enjoy your savings plus interest when you reach age 55.
…nt. Now contractors can place up to 100% of their contract income into a pension. In addition the rules rega…
Category: Articles: Pensions | Fri, 06 Feb 2015

Pension drawdown explained for contractors
Contractors may find pension drawdown offers a flexible solution suited to their contracting lifestyle.
…afforded by flexible drawdown suits the flexible contracting lifestyle, particularly for those contractors see… …ining their income through a combination of fewer contracts and the income from the drawdown. Income security…
Category: Articles: Pensions | Wed, 11 Feb 2015

Pension auto-enrolment letters – what contractors should do
Contractors must respond to Pensions Regulator letters with scheme details or reasons why they don’t need one.
…their spouse or civil partner, without employment contracts then they are exempt The contractor and their spo… …tomatic enrolment, meaning that they work under a contract of employment (an employee),or they have a contra…
Category: Articles: Pensions | Tue, 14 Apr 2015

Why contractors need pensions
Contractors need to make provision for a pension to ensure they can maintain their lifestyle during retirement.
…nsion as early as possible in their employment or contracting career, so that they have the widest range of opt…
Category: Articles: Pensions | Mon, 01 Jun 2015

How much delaying a pension can cost you
Contractors delaying the decision to start a pension risk losing thousands of pounds of pension pot growth.
…ontractors should be saving a varying stages of a contracting career. It is also never too late to start a pens…
Category: Articles: Pensions | Mon, 15 Feb 2016

5 reasons you shouldn't consider property investments via your company
Considering using company profit to invest in property? Here's 5 reasons why it's a very bad idea.
…rplus profits in your limited company, tying your contracting affairs to any property investments is fraught wi…
Category: Articles: Pensions | Mon, 26 Jun 2017

Dividends and contracting: calculation, payment and taxation
You may take dividends from your limited company whenever you are certain that there are after-tax profits to be divided up. Here's how you calculate them.
…best form of payment for contractors? If you are contracting and running a limited company , the most advantag… …ments? If you believe your revenue is earned from contracts that are inside IR35 , then you must not take div…
Category: Articles: Limited Companies | Thu, 15 Mar 2018

Contractor guide to dividends and dividend tax credits
Contractors pay themselves via a combination of low salary and dividends, but calculating how much income tax to pay on dividends can be complicated.
…into the company or, as is usually the case with contracting businesses, declared as a dividend and distribute…
Category: Articles: Limited Companies | Thu, 03 Apr 2014