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The full gravity of the Government's recent change to the annual pension savings allowance may recently have hit home for many doctors.
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, for example from private practice, investments or rental property. Now that the annual allowance is tapered based on your total taxable earnings, you may well have a problem.
The onus is on you to find out.
We can help.
DATE AND LOCATION
Tuesday 19th June
Harvey Lecture Hall
Kent & Canterbury Hospital Postgraduate Centre
5.30pm -6.00pm - Arrival and Registration
6.00pm -6.15pm - BMA Welcome and Update
6.15pm -7.15pm - Financial Presentation
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.
The Financial Conduct Authority does not regulate tax advice.
Chase de Vere Independent Financial Advisers
The only independent financial advisers endorsed by the British Medical Association. Chase de Vere has a team of specialist advisers, dedicated to working with medical professionals, and has helped more than 12,000 doctors to achieve their financial goals.
South East Regional Council and Regional Co-ordinator
The BMA South East Regional Council (SECRC) provides a focus for BMA activity across Kent, Surrey and Sussex, delivering BMA policy and providing a communication link to the BMA UK Council. The SECRC brings together all BMA members across the South East to discuss issues affecting the profession. The Council and regional activity is co-ordinated by your Regional Co-ordinator, Hugh Townsend.
The conference is free to attend and you are very welcome to bring a guest. Open to members and non-members.
Places are limited and we expect demand to be high so register your attendance now to avoid disappointment.
Register your place NOW by emailing Denise Kanetti - [email protected]