Ensuring you and not the taxman benefit from your Contract

Tax planning avenues are increasingly being blocked by a government who are ever more desperate to maximise revenues, and pension investment offers one of the few remaining tax breaks for freelancers. By taking advantage of these tax breaks today, the net result can be financial security in the future for you and also for any staff that you employ, and the pension experts at ContractorFinancials are on hand to help.

Contractors will dream of early retirement but the hard truth is that, without the benefit of a large company retirement package and with state provision woefully poor, you will be reliant on whatever nest egg you can build up for yourself.

Pensions come in all shapes and sizes but the advisers at ContractorFinancials are here to guide you through the maze and help you build your nest egg. Select your arrangement below to find out more about the options available

the cps group personal pension for your umbrella

A Flexible Pension

the cps group Personal Pension Scheme offers complete flexibility so you can take penalty free payment holidays when it suits you. It also offers low admin charges and a wide range of funds to help ensure that your investment reaches its full potential.

The independent advisers at ContractorFinancials can help you to take advantage of the more relaxed pension rules that came into force in 2006, maximising your investment potential and reducing your tax bill as a result.

If you choose to leave the cps group at any time then you can stop the pension or transfer your plan to your new employer. Alternatively, you can continue funding as a personal investment.

Using Salary Sacrifice to minimise your tax-bill

Investing via a salary sacrifice agreement is one of the most tax efficient investment options  available to you. The scheme involves you taking as little as the minimum wage and covering your fees, whilst all of your other income can be invested into a pension. Whilst this level of investment may not be sustainable over a long period of time, it can represent a significant boost to your eventual retirement fund whilst saving you tax and National Insurance contributions on your income.

You can also invest personally in the pension up to 100% of your remaining salary up to the £50,000 annual allowance, although this income will be subject to National Insurance deductions.

Important Information

The information provided above is factual and does not consider your personal circumstances. We advise you to read the information provided and decide whether or not the plan appeals to you as we are not advising that the plan is suitable for you.

the cps group has instructed ContractorFinancials to set up and administer the plan. As Independent Financial Advisors they will be able to answer your questions and give advice as to the suitability of the scheme. If you are unsure as to whether the CPS Group scheme is right for you then you should seek expert advice from them.

If you consider joining the scheme then Contractor Financials will provide you with a personal illustration and a document outlining the key facts of the contract to give you a better understanding of the benefits of the plan.


Contractor Financials are Independent Financial Advisors specialising in offering tailored financial solutions to contractors and freelancers.

Call 0845 062 8888 or email

The value of investments may rise as well as fall and past performance is not a guide to future returns.