BMA/Chase De Vere Medical Pensions Seminar
Ayr Hospital, Dalmellington Road, AYR, KA6 6DX
Monday 12 November 5.30 pm (Light Refreshments from 5.00 pm)
The full gravity of the government’s change to the annual pension savings allowance may soon hit home for many doctors.
The SPPA only knows about your NHS earnings and not your private earnings, from private practice or from investments or rental property say. Now that the annual allowance is tapered based on your total taxable earnings, you may well have a problem.
In early October, those who have paid more into their pension(s) than the allowance permits may well receive unwelcome news from the SPPA, confirming they have a tax liability.
We can help. Over sixty minutes we will explain what has changed and how to work out if you are affected. We will talk over the options available to those who breach the allowance; and show you different ways to manage your pension contributions in the future.
We will look at how you could minimise and potentially avoid the annual allowance tax charge altogether.
There will also be a consideration of another pensions taxation aspect – the lifetime allowance. We will review what this is, what this means for you and what can be done to mitigate its impact.
Light refreshments will be available from 5pm and the session will start at 5.30pm in the Education centre. Register here at: https://bma-pensions-ayr.eventbrite.co.uk
For any queries about this or any other BMA event please contact your Local organiser, Kathleen Hiddleston on firstname.lastname@example.org or 07408803811