As a contractor, using your limited company to fund a pension is one of the most powerful ways to save for retirement while lowering your tax bill. Contributions paid directly from company profits qualify for corporation tax relief, meaning you put aside more for the future at a reduced net cost.
Simply enter your day or hourly rate, select whether your contract falls inside or outside IR35, choose your age bracket, and click Calculate. In seconds, you’ll see a clear breakdown of how much you can contribute each year, the tax you’ll save, and what it really costs you to invest in your retirement.
Contractor Pension Calculator
Estimate your annual pension contribution and tax‑efficient savings.
Pension Contribution & Savings
| Gross Annual Basis (£): | |
| Annual Allowance (£): | |
| Max Contribution (£): | |
| Corporation Tax Saved (£): | |
| Employer NIC Saved (£): | |
| Total Tax‑Efficient Saving (£): | |
| Net Annual Cost (£): | |
| Net Monthly Cost (£): |
Use these insights to structure your pension contributions, manage cash flow, and build a more secure financial future. For a fully personalised plan, including details on personal allowances, annual allowance limits, and additional benefits, consult a qualified tax or pension adviser.