Pension Contributions for Freelancers

Freelancers don’t get auto-enrolled into pensions. But contributions save tax now and build for later.

Why it matters

• Contributions reduce taxable income.
• Government adds tax relief to your contributions.

Options

• Personal pension (SIPP).
• Stakeholder pension.
• Lifetime ISA for under 40s.

Steps

• Set up a monthly contribution, even small.
• Review annually.