Clinicians who are members of the NHS Pension Scheme ('NHSPS') and face an Annual Allowance charge in respect of the 19/ tax year will be able to have this charge paid by the NHSPS (by completing and returning a 'Scheme Pays' election form before 31 July 21) meaning that theydon't have to worry about paying the charge now out of their own pocket Their NHSNHS PENSION SCHEME PreRetirement Course 17 www nhsbsa nhs uk/pensionsMembership of an NHS Pension Scheme allows you to receive tax relief on your contributions and get a tax free lump sum, within certain limits, when you retire Please note that pensions in payment are taxed in the same way as income There are limits on the amount of pension benefits you can have without incurring additional tax More information about this can be found on our website
Www Nhsconfed Org Sites Default Files 21 06 Pension Annual Allowance Charge Compensation Scheme Faqs For Applicants Pdf
