No mater what stage in life you are in it’s always a good time to start thinking about starting a pension. With the UK’s ageing population the state pension is becoming more and more strained. Apart from the importance of putting money aside for the future it is one of the most tax efficient ways of saving money. Currently the tax relief can be as much as 58% and it dosen’t matter if you are inside ir outside IR35.
John Yerou is a pioneer of contractor mortgages and owner and founder of Freelancer Financials, Contractor Mortgages®, C&F Mortgages and Self Employed Mortgages, trading styles and brands of the award-winning Mortgage Quest Ltd.