Pensions and Tax

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Registered pension schemes are subject to tax rules and limits.  These tax limits are laid down by HM Revenue and Customs as tax legislation.
 
This section of the website covers the main tax rules that apply to members of the NHS Pension Scheme.

Reduced Annual Allowance (From April 2011) and Reduced Lifetime Allowance (From April 2012)

• Pension Tax Changes - Factsheet
• Pension Tax Changes - Your Questions Answered
• Pension Tax Changes - Tax relief for Pensions has changed! - Poster A4
• Reduced Annual Allowance Ready Reckoner
• Reduced Annual Allowance Statements
• Reduced Annual Allowance Estimator Tools - For 1995 and 2008 Section members.
• Reduced Annual Allowance Example Calculations
• Reduced Annual Allowance and Additional Pension (AP)
• Reduced Lifetime Allowance and Fixed Protection Factsheet
• Reduced Annual Allowance and Scheme Pays Factsheet

Annual Allowance (Up to April 2011)

• The Annual Allowance

Annual Allowance Examples:

• 1995 Section - staff membership

• 1995 Section - staff and practitioner membership

Special Annual Allowance (Up to April 2011)

• FACT – Special Annual Allowance

Lifetime Allowance (LTA) (Up to April 2012)

• The Lifetime Allowance (LTA)
• The Lifetime Allowance Charge (LTAC)
• High Earners Factsheet
• Recycling of the Pension Commencement Lump Sum
• More Sources of Information
• Glossary of Terms
• Standard Lifetime Allowance (LTA) is Reducing

Pension Contributions and Tax

• Pension Contributions and Tax