BIM54025 - Doctors and dentists: additional pension contributions
The National Health Service Pension Scheme permits medical and dental practitioners to provide for themselves additional benefits. A practitioner opting to buy additional benefits may:
- make an Additional Pension (AP) contribution, or
- make an Additional Voluntary Contribution (AVC).
AP contributions are made to purchase a fixed amount of additional annual pension. These increase the defined benefits available to the practitioner under the NHS Pension Scheme.
Neither of these types of payment is allowable as a deduction in computing the practitioner바카라 사이트™s trading profits.
For information on tax relief on pension contributions and how the annual allowances in respect of pension contributions apply, see the Pensions Tax Manual at PTM044100.