NHS Employers publishes pension tax guidance

Annual allowance rules are a particular problem for NHS staff, especially the tapered annual allowance, which restricts the annual allowance of those earning over £150,000. The paper - from the organisation that provides guidance to NHS workforce leaders - outlined optional measures to help reduce the impact of pension taxation in the NHS. The current limits have landed staff with huge tax bills and resulted in thousands retiring early, while many doctors and consultants are turning down work to avoid the charges. The guide - published 2 September - set out the importance of indepe...