Conservatives commit to review of taper and net-pay issues

The Conservative party will hold reviews of the tapered annual allowance and net-pay schemes if it is elected back into government, it has said. The ruling party's manifesto, published yesterday (25 November), also outlined plans to reintroduce the pension schemes bill, and raise the National Insurance threshold to £9,500 next year. The party pledged to "address the ‘taper problem' in doctors' pensions" - an issue which has caused many senior NHS clinicians to reduce their working hours and turn down extra work in order to avoid exorbitant tax bills. A future Conservative government w...