What pension can I get if I’m self employed?

In a nutshell: pensions for self-employed people.
Learn more: www.nutsaboutm...
If you’re self-employed, your pension is all down to you, rather than an employer. But don’t worry, it’s easier than you might think.
You’ll need to open a personal pension, which simply means a pension in your name, that you manage. It's also called a private pension.
You can do this easily online, and we’ve got our top picks for self-employed people here:
www.nutsaboutm...
Personal pensions are pretty great, as everything you save into them will be tax-free, which basically means you get free cash. Every time you add cash, you’ll get a massive 25% bonus from the government, added directly into your pension pot.
This is to refund the 20% tax paid on your income, and it’s technically called tax relief, and if you pay 40% or 45% tax on your income, you can claim back the tax paid at those rates at the end of the tax year on your Self Assessment tax return.
You can save up to £60,000 per year, or your total annual income, whichever is lower.
It’s really simple to set up a personal pension, you can do it online in a few minutes, and leave the experts to grow your pension over time.
And it gets better, if you run your business through a limited company, you can make contributions directly from your business up to £60,000 per year, which would count as a business expense, meaning you can save from 19% to 25% in Corporation Tax too.
And some last minute advice, it’s really important to save for your future when you're self-employed, a really large pension pot is needed for a comfortable retirement. Use our pension calculator to get an idea of how much you’ll need for your retirement.
Self-employed pension calculator:
www.nutsaboutm...
Limited company director? Learn more:
www.nutsaboutm...