Personal, Business, and Trust Tax Support

Enter NHS Practitioner Pension Schemes in Personal Tax

There are two elements of NHS pensions for Self Assessment purposes:
  1. The cash amount paid by the employee (not paid via PAYE)
  2. The increase in the value of the fund.

Cash amount paid by the employee (not paid via PAYE)

  1. Select
    Edit
    ,
    Pension Contributions
    , and then
    Other
    .
  2. Mark the
    NHS Practitioner Scheme
     checkbox.
  3. Enter the gross amount of cash pension paid.
note
  • If you select
    Relievable Premium
    , the amount will appear on the tax return in box 3, page TR4 and will give relief by way of deduction in the tax computation. It will not be considered for the Annual Allowance excess and not trigger an excess charge. Instead, it will be taken into account in the AA Tapering calculations by reducing the amount of net income.
  • If you select
    Rise in Value
    , it will not show on the tax return at all and no relief will be given in the computation. It will not be considered for the Annual Allowance excess and not trigger and excess charge. It will not change the AA Tapering calculation.

Increase in fund value

The information you've been provided with determines how you should enter the pension. The calculated fund amounts will not appear on the tax return, but are used to calculate whether there should be an excess Annual Allowance charge. This amount will also pull through to the Annual Allowance Tapering.
  • If you have a note of the increase amount, select
    Tools,
     then
    Pension Planner
     and enter the amount in the
    Increase - NHS Practitioner
     row.
  • If you need to calculate the increase, do one of the following:
    • Select
      Defined Benefits: Manage
       and enter the relevant service factor, the length of service, and the amount of income at the start of the period and the amount of income at the end of the period.
    • Select
      NHS Practitioners: Manage
       and enter either the
      Total NHS Dynamised Earnings
       amount or the
      Accrued Pension
       amount.
      note
      If you need to know how Dynamised Earnings are calculated, contact the pension scheme.

This article applies to:

  • PRODUCT: Digita Personal Business and Trust Tax