The tapered annual allowance has been 'significantly increased' by Chancellor Rishi Sunak after it left senior NHS staff with hefty pension-related tax bills due to working extra shifts.
High earners were hit with tax penalties for breaching the tapered annual allowance which led consultants and GPs into refusing to take extra shifts as they would lose out financially. Sunak said in...
Tabled by Stephen Timms
'Left to fend for themselves'
Changed in November last year
82% made no changes
Pandemic accelerates retirement plans
Will grow network by offering a bespoke service
Basic rate taxpayers better off
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