BMA tells chancellor to reform tax relief rules or face reduction in NHS working hours

Lifetime and annual allowance rules are a particular problem with NHS staff, where large numbers of high-earning consultants and doctors are long-serving members of the defined benefit NHS Pension Scheme. In particular, the tapered annual allowance, which limits restricts the annual allowance of those earning over £150,000 is particularly problematic. The limits have landed some consultants with huge tax bills and resulted in 3,500 doctors retiring early since 2016, with many others avoiding taking on additional work. Steven Cameron: Four personal finance changes taking effect tomorro...