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Financial Planning for Sole Traders & Self-Employed
Clear, no-fee advice to help you protect your income, plan for tax, build your pension and create greater financial security around self-employment.
30+ Years’ Experience
Nationwide Service
A financial plan that works around real life.
Being self-employed can give you more flexibility, independence and opportunity.
It can also mean managing changing income, tax commitments, business costs, pension planning, protection and personal financial goals at the same time.
At Covermore, we help sole traders and self-employed professionals look at the bigger picture.
Our role is to help you understand where you are now, identify what may need attention and take the next sensible financial step for your business, home and future.
Thank you,
Raphael Ihuoma.
I highly recommend Nigel and Covermore Insurance to anyone looking for reliable coverage and top-tier customer service.
What really stood out was the level of care and dedication he showed nothing was too much trouble, every question was answered promptly, and we always felt completely supported. It’s rare to come across someone so knowledgeable and genuinely committed to getting the best result for their clients.
Thanks to Barry, what could have been a stressful process was handled smoothly and with total confidence. We can’t recommend Covermore highly enough.
We had a fantastic experience with Covermore Financial, and especially with Eric. From start to finish, the mortgage process was smooth and well-handled. Eric’s professionalism, knowledge, and guidance made everything so much easier for us. He truly went above and beyond.
We are delighted with our new home and very grateful for the excellent support we received. Couldn’t recommend Covermore Financial enough!
Emilia was incredibly knowledgeable, patient, and supportive. She took the time to understand my needs and guided me through the mortgage process with clarity and confidence Her professionalism and attention to detail made the entire experience smooth and stress-free.
I wholeheartedly recommend Emilia and the team at Covermore Financial to anyone seeking reliable and expert financial or mortgage services. They go above and beyond for their clients, and I couldn’t be happier with the outcome.
You may be self-employed and
Managing income that changes from month to month
Some months may be stronger than others.
Trying to stay ahead of tax bills
Income tax, preliminary tax, VAT and other financial commitments can create pressure if funds are not set aside throughout the year.
Relying on your ability to work
When you are self-employed, your income may depend directly on your ability to keep working.
Putting pension planning on hold
It can be easy to focus on day-to-day business costs and delay retirement planning.
Building a business while supporting a family
Your income may need to support your mortgage or rent, household costs, childcare, savings and future family goals.
Growing your income and wondering what to do next
A stronger income can create opportunities to improve pension contributions, build savings, review protection and plan more confidently for the future.
Whether you are managing changing income, planning for tax or building long-term financial security, Covermore can help you understand your options and take the next sensible step.
What matters most when you are self employed
When you are self-employed, your personal and business finances are closely connected.
Your income, tax planning, protection, pension and savings all need to work around the reality of running your own business, helping you stay prepared today while planning for the future.
Protecting your income
Your income may support your business costs, household commitments, mortgage or rent, savings and family life.
Building a financial safety buffer
Self-employed income can change quickly. A practical emergency fund can help you manage quieter periods, unexpected costs or a temporary drop in earnings without immediately relying on borrowing.
Saving for tax
Creating separate savings goals for tax can help you keep those funds visible and available when needed.
Building your pension
Unlike many employees, self-employed people may not have an employer pension contribution.
We help you consider how pension planning can fit around your income, tax commitments and future retirement goals.
Protecting your family and financial commitments
Life cover, mortgage protection and family protection can help protect the people and commitments that rely on you, subject to policy terms and conditions.
How Covermore helps sole traders and self-employed professionals
Financial planning should not feel intimidating.
Start with your real financial position
We begin with a conversation about your income, business costs, household commitments, existing savings, pension arrangements, protection and future plans.
Help you separate your priorities
We help you distinguish between money needed for tax, emergencies, business costs, family goals, pensions and long-term planning.
Review your protection needs
We help you understand how income protection, life cover, mortgage protection and family protection may fit your circumstances.
Build pension planning into your future
We help you consider pension options and contribution levels around your income, retirement goals and wider financial plan.
Your next smart financial steps when you are self-employed
Financial services can feel overwhelming.
The 7 Steps to Financial Freedom makes things simpler. These simple steps give you a clear roadmap to financial freedom, covering the key areas to consider as your life, family, income and goals change.
You may already have some steps in place. Others may need to be reviewed. Some may not be relevant just yet.
Life is full of changes. Our role is to help you always make the next smart financial step.
Step 1: Build Your Emergency Fund
Build a safety buffer of around three months’ net income to help protect against unexpected costs or short-term financial pressure.
Step 2: Protect Your Debt
Protect your mortgage, loans and other debts so they do not become a burden if something happens. Covermore can help you review suitable protection options.
Step 3: Protect Your Income
Protect your income so your mortgage, bills and future plans are supported if circumstances change. Covermore can help you review suitable options based on your occupation and affordability.
Step 4: Protect Your Family
Protect your family with suitable life cover, especially if you have dependants. Covermore can explain your options and help you choose cover that reflects your needs.
Step 5: Build Your Pension
Build or review your pension so you stay on track for retirement. Covermore can help you understand your options, whether you are starting fresh, reviewing an old pension or increasing contributions.
Step 6: Create Savings Goals
Create savings goals for children, education, tax bills, holidays, cars, home upgrades or future plans. Covermore can help you build good savings habits that fit your life.
Step 7: Invest and Build Wealth
Plan for long-term wealth through investments, property, company structures and wider financial planning. Covermore can help you explore suitable options once the right foundations are in place.
Not sure what financial step to take next?
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Do Covermore charge a fee for financial advice?
Covermore provides no-fee financial advice consultations. We will explain how the process works clearly before you make any decision.
Do I need to know what service I need before contacting you?
No. Many clients come to us because they are not sure what they need. We can help you understand whether your next step relates to your mortgage, protection, pension, savings, investments or wider financial planning.
Can Covermore help if I already have policies or pensions in place?
Yes. We can review what you already have and help you understand whether it still suits your life, goals and current circumstances.
Do you only work with clients in Dublin?
Covermore is based in Dublin, but we work with clients nationwide.
Can you help business owners and company directors?
Yes. We work with business owners, sole traders, partnerships and company directors on pensions, protection, savings, investment planning and broader financial advice.