Intended for healthcare professionals


Pensions: government review will “fix” annual allowance tax trap, says Hancock

BMJ 2019; 367 doi: (Published 19 December 2019) Cite this as: BMJ 2019;367:l7052
  1. Abi Rimmer
  1. The BMJ

The government has launched a review into the annual allowance taper imposed on doctors’ pensions and promised a swift and long term resolution to tackle the substantial tax burdens that are stopping many senior doctors from taking on extra work.

The taper, introduced in 2016-17, reduces the amount that high earning doctors can save in their pensions tax free. Accountants have previously told The …

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