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BMA Local Event SW- NHS Pensions Taxation Update for Middle Grade and Senio...

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Musgrove Park Hospital-Musgrove Park Academy

Musgrove Park

Taunton

TA1 5DA

United Kingdom

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Seminar: Pensions Taxation Update for Consultants, GPs and SAS Doctors


The full gravity of the government’s recent change to the annual pension savings allowance may soon hit home for many doctors.

In early October, those who have paid more into their pension(s) than the allowance permits may well have received unwelcome news from the NHS Pension Agency, confirming they have a tax liability. No word from the NHS Agency does not mean no tax issue.

The Agency only knows about your NHS earnings and not your private earnings, from private practice or from investments or rental property say. Now that the annual allowance is tapered based on your total taxable earnings, you may well have a problem.

Agenda


Over sixty minutes we will explain what has changed and how to work out if you are affected. We will talk over the options available to those who breach the allowance; and show you different ways to manage your pension contributions in the future.

We will look at how you could minimise and potentially avoid the annual allowance tax charge altogether. There will also be a consideration of another pensions taxation aspect - the lifetime allowance. We will review what this is, what this means for you and what can be done to mitigate its impact.

You’ll also be able to ask the presenters any questions that you have on these important topics.

Date: Thursday 26th April 2018

Timings: 17.30 Welcome and refreshments;

18.00 to 19.15 presentation & questions to follow

Registration

The seminar is free to attend and you are very welcome to bring a guest. Places are limited and we expect demand to be high so register your attendance now to avoid disappointment. Please register via Eventbrite

The Financial Conduct Authority does not regulate tax advice

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Date and Time

Location

Musgrove Park Hospital-Musgrove Park Academy

Musgrove Park

Taunton

TA1 5DA

United Kingdom

View Map

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