Doctors: Pensions

Treasury written question – answered at on 11 June 2019.

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Photo of Jim Cunningham Jim Cunningham Labour, Coventry South

To ask the Chancellor of the exchequer, what progress has been made on amending the tapered annual allowance for NHS doctors.

Photo of Elizabeth Truss Elizabeth Truss The Chief Secretary to the Treasury

The pension tax rules apply equally across all registered public and private sector defined benefit schemes, including the NHS Pension Scheme. The Government keeps all aspects of the tax system under review through the annual Budget process.

On the 3 June 2019 the SoS for Health and Social Care announced his intention to consult on implementing a new pension flexibility for senior clinicians in the NHS Pension Scheme for England and Wales, to provide a structured way for clinicians to manage their NHS pension growth.

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Chancellor of the Exchequer

The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.

The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.

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