Pensions for Contractors

Keep hold of your hard-earned cash and grow your pot.

Pensions may not be the first thing on your mind as a contractor, but they offer more than just savings for the distant future. They can be one of the most tax-efficient ways to save your money as a company director. 

We can help you understand:

  • How pension contributions can be treated as allowable company expenses

  • The best tax-efficient ways to invest for your future

  • Who can offer you the best contractor pension plan

  • Making pensions easier to manage when you retire

The problem you face

When you were an employee, your workplace took care of your company pension for you. But as a contractor and a director of your own company, you’re entirely responsible for your pension contributions. Where do you start with investing in one?

Most pension plans are designed for PAYE-earners and take contributions out of your income after tax. But we know there’s a better way – the Contractor Honeypot way.

Save for the future and get immediate tax relief

Our panel of experts know contractors inside-out. Once we’ve assessed your tax situation, we connect you to specialist advisors who can offer you the best pension plans for you. Contractor Honeypot puts you in touch with a specialist pension advisor who will tailor a tax-efficient plan to your needs.

Speak to a Specialist

Fill out the form below and we’ll be in touch to chat with you about your requirements.


“Contractor Honeypot’s friendly staff really helped me understand my pension options, I’m so glad I did this now”

How much money can a contractor pension save me?*

Say your company earns £100.
Right away, you’ll have to pay 19% corporation tax, which brings the amount down to £81.

To take this money out of the company, you’ll take home your income through a mixture of salary and dividends.

If you took this £81 as a dividend, it’s likely you’ll incur dividend tax of 32.5%. That brings the total amount you take home down to just over £54.

Most pension providers will take your pension from here – meaning you’ve lost £46 of your hard-earned cash.


If you were to invest the £100 in a pension, you can contribute the whole amount AND receive corporation tax relief.

That means you have up to £119 available for investment. And, once that amount’s in the pension, it can keep growing.

*Based on a Limited Company contractor working outside IR35 in the highest tax bracket. Tax percentages accurate as of March 2019.

Why us?


We are 100% for contractors – we’re always fighting your corner.


Knowledgeable. We’ll share industry insight on how to get the most from contracting and staying tax-efficient.

Advisor Access.

We connect you with top advisors who find the best pension deals for you.

Trusted lenders:

Other pension products

Existing Pensions

Got a pension already? Consolidate and manage pensions efficiently with us.

Contact Us


Call us

01425 524000