Financial Advice for Contractors: Pensions, Investments and Tax
Are you a contractor? Are you in need of some financial advice? You've come to the right place!
Contractors finances can be complex, which is why we have teamed up with a specialist in contractor finances to advise you on everything from pensions to investments.
They can also offer you a full financial review which will help to ensure that you are making the most of the opportunities presented by your contractor status and will also ensure that you avoid the pitfalls that you may now be facing by working outside of a large company with an employee benefits package.
Pension planning is essential for contractors in helping you to make the right choices to ensure that you can enjoy life in retirement, and a pension can also offer tax breaks to contractors.
This is just one example of tax planning, which is also crucial for any contractor business. Tax planning ensures that you access all tax allowances and reliefs that you are entitled to, whether that be for personal taxes such as income or inheritence tax, or tax that your business is required to pay such as corporation tax.
Investment planning is also important for contractors as it can help you build up your savings pot for a rainy day or even time on the bench if required.
You can find out more about contractor pensions here, or if you would like financial advice on a specific area or would like a full review of your finances please complete the following form and our specialist financial advice partner will get in touch with you.