As a contractor in the UK you can do that too, contribute pre-tax earnings up to a certain amount per year into your pension. Definitely a good plan. But yes,

As a contractor in the UK you can do that too, contribute pre-tax earnings up to a certain amount per year into your pension. Definitely a good plan. But yes, the difference seems to be that if you’re caught out it’s way worse than just paying back the difference, and the whole thing is very murky.