Plan to end the tax trap on NHS senior doctors’ pensions Medics have been refusing extra work for fear of being hit by charges for exceeding retirement contributions
Ministers are planning a major shake-up of NHS pensions designed to stop an exodus of senior doctors retiring early because current tax rules mean they can end up working for free, especially if they take on extra duties.
Philip Hammond, the chancellor, and Matt Hancock, the health and social care secretary, are studying plans which would end what NHS bosses and doctors’ leaders say is a “ludicrous” pensions tax trap that is exacerbating the health service’s already severe staff shortage. The Guardian
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