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To help support NHS Pension Scheme members who are continuing to deal with the impact of the Coronavirus (COVID-19) pandemic, the decision has been taken to extend the voluntary scheme pays deadline for 2020/21. If you have an annual allowance…

If you have an annual allowance charge you can either pay the charge directly to HMRC yourself or share the responsibility for the payment with the NHS Pension Scheme using the scheme pays facility. This is known as a scheme pays election. The NHS…

Extension of voluntary scheme pays deadline 2019/2020 for members with an annual allowance charge To help support NHS Pension Scheme members who are continuing to deal with the impact of the Coronavirus (COVID-19) pandemic, we have taken the…

Eligible clinicians who go over their annual allowance for the 2019/20 tax year and who use scheme pays to pay the tax charge can apply to be compensated in retirement for any reduction to their NHS Pension Scheme benefits. The deadline for…

Eligible clinicians who go over their annual allowance for the 2019/20 tax year and who use scheme pays to pay the tax charge can apply to be compensated in retirement for any reduction to their NHS Pension Scheme benefits. The deadline for…

The NHS Business Services Authority is sympathetic to the situation that NHS staff currently find themselves in during the Coronavirus (COVID-19) pandemic and is keen to support members of the NHS Pension Scheme (England and Wales) who are front…

HM Revenue & Customs (HMRC) have asked pension schemes to remind members that: “it is really important that those who have exceeded the Annual Allowance for (the tax year) 2016 to 2017 to declare this on their Self Assessment tax return (the…