The financial benefits of contracting are quickly diminish once you’ve been caught by IR35, however all is not lost if you are within IR35 you are able to invest your gross taxable income into a contractor pension scheme well before the taxes can be applied. This means that you are able to invest as much of your income as you can afford without the income been taxed.
Tony Harris goes into a lot more detail about how this works in the video, so I would suggest if you are affected by IR35 that you take the time to watch this short video
The post How can Contractor Pension help IR35 appeared first on UK Contracting.