Pension tax

Ready reckoner

Members of the NHS Pension Scheme could receive a tax bill if their pension savings exceed limits set by HM Revenue and Customs (HMRC). These limits are known as the annual allowance, which is calculated each year, and the lifetime allowance, which is calculated based on overall pension savings.

The pages below provide information to help employers understand these allowances, communicate with staff and effectively support those impacted by pension tax.

 

Allowance

Annual allowance

Find resources to support your conversations with staff about the annual allowances, including the ready reckoner.

Ready reckoner

Pension tax – local options for affected staff

Learn about the local options that can be put in place to support staff affected by pension tax.

Ready reckoner

Lifetime allowance

Tools and resources to help you support and encourage staff to understand their lifetime allowance.

Ready reckoner

Communicating pension tax issues to staff

Understand the role of the employer in supporting staff with pension tax issues.

Ready reckoner

Pension tax resources

Find resources to support your conversations with staff about the annual and lifetime allowances.

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