What the 2027 Inheritance Tax changes mean for your pension
If you’re self-employed and saving into a pension, some big changes are coming from April 2027 that could affect what happens to your pension when you die.
Pensions
When you’re self-employed, nobody else is paying into a workplace pension on your behalf.
You can still build retirement savings through a personal pension or SIPP and receive tax relief on eligible contributions.
These guides explain how pensions work for sole traders, how much you might need to save, the tax rules and how self-employment affects your State Pension.
Start with these guides
Planning your retirement
55% of self employed will have no private pension savings at retirement if trends continue
A new study by the Institute of Fiscal Studies (IFS) reveals a startling difference in pension saving patterns between the self employed and employees.