Doctors: Pensions:Written question - 255267

Q
(Coventry South)
[N]
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'Named day' questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.

Asked on: 16 May 2019
Treasury
Doctors: Pensions
Commons
To ask the Chancellor of the Exchequer, what assessment he has made of the effect of the annual tapered allowance on the retention of doctors in NHS hospitals.
A
Answered by: Elizabeth Truss
Answered on: 21 May 2019

The Government is committed to public service pensions which are fair to workers and fair to other taxpayers. The tapered annual allowance is focussed on the highest earning pension savers, to ensure that the tax relief they receive is not disproportionate to that of other savers. The Government is aware of specific concerns raised by some high-earning NHS doctors impacted by annual allowance tax charges. As the Chancellor said at the Treasury Select Committee, we are currently in discussions with the Department of Health and Social Care about providing additional pension flexibility for NHS doctors affected by annual allowance tax charges.

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