sole trader

Pension Tax Benefits for Sole Traders


  • Income Tax Relief
  • Tax Free Investment growth
  • Tax Free Cash, 25% of all pension funds can be drawn down tax free, subject to a max of €200,000
  • Approved Retirement Fund (ARF) is a tax efficient option for the balance of your pension e.g. 75% after your 25% tax free lump sum. Income from your ARF can be drawn down to minimise your personal tax, subject to a minimum drawdown of 4% per annum. The benefits from the ARF can be inherited tax free by spouse and by children over 21.
  • Tax Free Death Benefits to Spouse or Civil Partners in respect of Life cover that Self Employed people can put in place. The cost of the cover is a tax write off also.

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