Annualisation: we need a solution
You will have seen in the press that the tireless lobbying by the BMA on pensions has paid off and the DHSC (Department of Health and Social Care) and Treasury have announced a consultation on the pension regulations which are landing GPs and consultants with huge tax bills. This is incredibly welcome news.
However, for many sessional GPs, the thought of hitting the annual or lifetime pension allowances never crosses their minds. In reality, the much more pressing issue for locum GPs is annualisation and the iniquitous overcharging that has been a part of the DHSC/HMRC pension policy since April this year. Read more
If you would like to share your thoughts and comments with the BMA GPC England executive committee, please get in touch.