Retiring clinicians payments

The Secretary of State has confirmed that the commitments being entered into, to make payments to clinicians affected by annual allowance pension tax, will be honoured when clinicians retire.

In a written statement Matt Hancock, Secretary of State for Health and Social Care stated:

'I have agreed to support this proposal from NHS England and NHS Improvement for reasons of urgent operational necessity….

'The scheme involves employers making binding contractual commitments to be given to every affected NHS clinician so as to ensure that this commitment is honoured. Full details of the terms of the payment arrangements are set out in letters that are being sent to each affected clinician by their employer including the terms and conditions of the offer.

'Clinicians are therefore now immediately able to take on additional shifts or sessions without worrying about an annual allowance charge on their pensions.'

Internet link: GOV.UK statement

About us

We at Bowen & Partners pride ourselves on our personal customer service and high client satisfaction levels.

Bowen & Partners is the trading name of Bowen Accountants Ltd. Registered in England & Wales No. 06895043

Contact details

01249 720341

Bowen Accountants Ltd, Unit 1, Gate Farm, Sutton Benger, Chippenham, Wiltshire SN15 4RE

© 2024 Bowen Accountants Ltd. All rights reserved. We use cookies on this website, you can find more information about cookies here. powered by totalSOLUTION

In accordance with the disclosure requirements of the Provision of Services Regulations 2009, our professional indemnity insurer is 100% Allied World Assurance Company (Europe) Limited, of Pinpoint Underwriting, Riverview Business Park, Friarton Road, Perth, PH2 8DY. The territorial coverage is worldwide excluding professional business carried out from an office in the United States of America or Canada and excludes any action for a claim brought in any court in the United States of America or Canada.