You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
0161 476 8276
You may have seen the recent press coverage* that the government has come up with new proposals for England and Wales to end the dispute with doctors over pensions.
In a nutshell the government will put forward a plan allowing doctors complete flexibility to scale down their pension contributions to avoid breaching the annual tax-free allowance.
Philip Eagle, Hallidays Tax Director comments:
“NHS senior doctors will be pleased to see the government announce a relaxation of the draconian pension charges if pension overpayments are made. It’s a step in the right direction, however the ‘devil will be in detail’ and the government will struggle to produce a simple adjustment. I’m very interested to see how HMRC are going to implement this.”
Philip outlines the key issues:
If you are a doctor affected by these proposals, please contact Philip Eagle and his team for expert advice regarding your pension contributions and tax implications.
* Source: https://www.bbc.co.uk/news/health-49196357
The Nursery Industry has an estimated market size of £3.6bn with a strong level of forecasted growth from 2018 to 2023.
Take the next step on your business growth journey. Remove barriers and put plans in place to monitor success.
The challenge isn’t how to maintain growth, it’s about how you manage change.
Would you like to download our mobile app from the App Store?