TWO THIRD SURGEONS have reduced their hours to avoid bills about their pensions


The NHS made changes to its pension plan in 2016.

This means that senior employees are now more likely to have an annual tax burden on their pension contributions, as well as a lifelong supplement on their total pension pot.

Pension contributions are not taxed as long as they do not exceed the annual or lifelong allowances.

People of all professions usually pay taxes on their pensions if the total premiums for that year exceed the annual allowance (AA), which is currently £ 40,000 ($ 49,793).

And if the pension pot is worth more than the lifelong allowance, which is currently £ 1,055,000 ($ 1,315,310), a person will also pay taxes on it.

Although the AA has been £ 40,000 since 2014, it can go up to £ 10,000 ($ 12,447) if a person is subjected to a runoff.


In the NHS pension scheme, the amount that a person puts in each year is multiplied by a factor of 16 to 19. Therefore, small increases in the pensionable wage can generate very large growth.

Tapering occurs when the taxable income exceeds £ 110,000 ($ 137,142).

If the income is more than £ 110,000, a person must calculate his adjusted income.

If this is more than £ 150,000 ($ 187,026), the AA will end with £ 1 ($ 1.24) for every £ 2 ($ 2.48) that their adjusted income exceeds £ 150,000.

In the case of a consultant with a pension growth of £ 100,000 ($ 124,673) but a threshold income of £ 110,000, they maintain a standard AA.

But even if only £ 1 in extra income would result in a reduction of AA to the minimum of £ 10,000.

This extra £ 1 income could increase the tax due by £ 13,500 ($ 16,811).


Many consultants only realized this later. The BMA predicts that 30 percent of doctors are affected.

If you choose to earn less, the pension pot of a medication will grow more slowly, reducing the risk of a tax assessment.

Full-time doctors are usually contracted to work 10 shifts, each lasting four to five hours a week.

However, consultants usually go beyond that by working 11 or 12 teams to keep up with demand.

They get overtime for this extra work, which can then affect their pension.


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