NHS waiting lists surge due to pensions row
I find this truly unacceptable.Waiting lists of routine surgery have risen by up to 50% in England because senior doctors say they cannot afford to work extra shifts.Consultants have begun refusing work beyond their planned hours after receiving unexpected tax bills, following new pension rules in 2016.The limit on the annual allowance has come down from £255,000 a year in 2010-11, to £40,000 a year for those earning broadly less than £110,000 in 2018-19.In addition, a tapered annual allowance was introduced in 2016 for higher earners. This means that the annual allowance is reduced by £1 for every £2 earned, says the British Medical Association (BMA).It says a major problem for doctors is that all their income is taken into account when calculating their annual allowance, including work that is non-pensionable. In addition, the annual allowance is based not just on their annual income, but also on the growth in their pension pot.https://www.bbc.co.uk/news/health-48903913Does the same principle apply to high earners in the City, for example? Or footballers that earn some £150,000 a week?
Ivonne Holliday ● 2683d5 Comments ● 2683d