Posts Tagged ‘Pensions’

Pensions change raises threshold at which doctors hit with taxation penalties

The Government has increased the threshold income at which the tapered annual allowance applies to NHS pensions. Previously, doctors earning over £11...

Letter: use the Budget to find long-term solution to NHS pension crisis

The new Chancellor is being urged to find a long-term solution to the pension taxation crisis, which is damaging morale among senior doctors. A letter f...

Raising threshold income will not solve NHS pensions crisis, says BMA

The Government wants to increase the threshold income at which the tapered annual allowance applies to NHS pensions, reports in The Times suggest. Curre...

Unlawful changes to doctors’ pensions scrapped after judicial review

Controversial changes to pensions rules granting the Secretary of State for Health and Social Care the power to suspend doctors’ pensions payments have b...

Pension taper tax having negative impact on paediatric workforce, college says

Changes to pension tax legislation in the UK have significantly increased pressure on the paediatric workforce, according to the Royal College of Paediatri...

Tax payer will meet the cost of NHS consultants’ extra pensions tax bills in 2019/2020

The NHS will meet the costs of pension tax bills run up by senior doctors for 2019/2020 tax year. NHS England CEO Simon Stevens has taken the measure in...

Hancock: “I’m in discussions with Treasury about removing pensions taper”

Health secretary Matt Hancock says he is in talks with the Treasury about removing the pensions tax allowance taper that the BMA says is responsible for sc...

Pension flexibilities are “sticking plaster” that won’t stop doctors reducing hours

Proposed flexibilities to the NHS Pension Scheme are a “sticking plaster” solution that won’t solve the current pension crisis, which is forcing seni...

NHS Pensions Tax: “We simply cannot wait until the next tax year for a solution”

The Royal College of Surgeons is urging the Prime Minister to resolve the NHS pensions ‘tax trap’ after a poll reveals that 69% of consultant surgeons ...

Seven out of ten senior surgeons are cutting their hours due to NHS pensions ‘tax trap’

The Royal College of Surgeons is urging the Prime Minister to resolve the NHS pensions ‘tax trap’ after a poll reveals that 69% of consultant surgeons ...

Senior Emergency Medicine Staff consider cutting hours over NHS pension rules

A&E consultants are considering cutting their clinical commitments because of the new NHS pension tax rules. This is despite the approaching surge i...