BMA Pensions and Taxation Update for Consultants, GPs and SAS doctors
Thursday 4th April 2019, Knowledge Spa, Royal Cornwall Hospital Trust, Treliske TR1 3HD
Tuesday 16th April 2019, Future Inn, Derriford, Plymouth PL6 5ZD
[Refreshments from 18:30; Seminar 19:00 – 20:00]
The full gravity of the Government’s recent change to the annual pension savings allowance may recently have hit home for many doctors. Those who have paid more into their pension(s) than the allowance permits may well have received unwelcome news from the NHS Pension Agency, confirming they have a tax liability. It’s important to know where you stand.
Not everybody affected would have been contacted. The Agency only knows about your NHS earnings and not your private earnings, for example from private practice, investments or rental property. Now that the annual allowance is tapered based on your total taxable earnings, your situation may well have changed.
The BMA’s financial adviser partner Chase de Vere Medical can help to make things clearer.
Over 60-minutes, Chase de Vere Medical will explain:
- what’s changed and how to work out if you are affected
- the options available to those who breach the allowance, and different ways to manage your pension contributions in the future
how you could minimise and potentially avoid the annual allowance tax charge altogether
- the lifetime allowance, what it means for you and what can be done to mitigate its impact.
You’ll also be able to ask the presenter any questions that you have on these important topics.
Places are limited, and we expect demand to be high, so register your attendance now to avoid disappointment. This event is free to attend, and you are very welcome to bring a guest.
Please email Aron Jones: email@example.com to reserve your place, stating place of work, email address and GMC number.
To ensure we cater appropriately, please consider registration a firm commitment to attend this seminar.
The Financial Conduct Authority does not regulate tax advice.