c

Pensions – the new lifetime allowance and annual allowance

10th July 2011 by Liz Densley

Pensions – the new lifetime allowance and annual allowance

This is a ‘hot topic’ in many GPs’ minds and I suspect that many sessional doctors will just think it won’t apply to them. Whilst for younger, low earning NHS scheme members this may be true at the moment, there will be some it might affect.

In simple terms the new rules are:

Annual allowance of £50,000. This is the level at which, effectively, you can get tax relief. It is based on ‘pension input’ not pension contributions paid.

Read more

No credit card details needed – it takes two minutes.

Join free trial

Login

Already a member? Login to view this content.

Login

"As a newly-qualified CCT and a GP moving to a new region post-CCT, I found LocumDeck and the NASGP to be very helpful. LocumDeck has been useful: Ali Lewis helped me to set myself up, get in touch with practices and book sessions, and also helped me chase payments. The NASGP itself, providing peer support and advice, has also been very good. I would certainly encourage my colleagues to join."

Dr Smita Sharma, GP, Hertfordshire

See the full list of features within our NASGP membership plans

Membership