Thousands of NHS workers yet to take McCloud tax action

The McCloud remedy was introduced after pension reforms affecting public sector workers were found to be discriminatory. For affected NHS workers, it resulted in pension growth being recalculated for previous tax years, potentially changing the amount of annual allowance tax they should have paid. Some members may be entitled to refunds, others may have additional tax to pay, while some will see no change. Freedom of Information data obtained by NHS pension specialist business Medifintech, part of Quilter, showed that of the 128,172 Remediable Pension Savings Statements (RPSS) issu...