NHS Pension Accounting Services
The NHS Pension Scheme can involve different scheme sections, complex pension input calculations, practitioner and officer records, Pension Savings Statements and important tax-reporting responsibilities. At Kudos Accounting, we help doctors, GP partners, salaried GPs, consultants and other healthcare professionals understand their NHS pension records, calculate potential tax liabilities and identify the actions required.
Our specialist support includes NHS Annual Allowance calculations, Pension Savings Statement reviews, Scheme Pays assistance, McCloud and RPSS support, GP pension certificates and NHS pension record reconciliation.
The Annual Allowance calculation concerns pension growth known as the pension input amount rather than simply the contributions deducted from salary.
We review Pension Savings Statements, pension input amounts, taxable income and other pension arrangements to assess your potential Annual Allowance position. Our calculations can include tapered Annual Allowance, carry forward and associated Self Assessment reporting.
We review pensionable earnings, member contributions, practitioner income and employment records to identify potential discrepancies. Where applicable, our support can include Type 1 certificates, Type 2 self-assessments and GP pension contribution reconciliation.
NHSBSA provides separate forms and guidance for practitioners, GP locums, out-of-hours providers and non-GP providers because their pension reporting can differ from ordinary officer employment
NHS Pensions offers both mandatory and voluntary Scheme Pays. An accepted election pays some or all of an eligible Annual Allowance charge in exchange for a reduction in future NHS pension benefits.
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Practical accounting, tax and record-keeping support for locum doctors with flexible roles, multiple income sources and changing working arrangements.
We prepare your locum doctor tax return, reconcile PAYE and untaxed income, review eligible expenses and calculate the Income Tax and National Insurance due.
We bring together NHS salary, agency PAYE, self-employed locum income, private work, dividends and other professional income to produce a complete tax position.
We support genuinely self-employed locums with sole-trader accounts and help company directors manage annual accounts, Corporation Tax, payroll and dividend records.
We review the accounting and tax information surrounding your engagements and explain how PAYE, self-employment and off-payroll determinations may affect your reporting.
We help qualifying sole traders maintain digital records, use compatible software and meet their Making Tax Digital reporting obligations.
We support relevant pensionable locum income, contribution records and Locum A and B information, alongside wider NHS pension and Annual Allowance matters.
Every NHS pension case is different. Our structured review brings together your pension, income and tax information so that potential discrepancies and reporting responsibilities can be identified clearly.
We discuss your NHS roles, pension scheme membership, employment history, current concern and any deadlines affecting your case.
We examine the relevant pension statements, earnings records, tax documents, GP pension forms and correspondence available
We reconcile the available information, calculate the relevant pension-tax position and identify figures or records that may require correction.
We explain our findings clearly and set out the practical actions, submissions or further information required.
Whether you have received an unexpected Pension Savings Statement, need help with an RPSS, are considering Scheme Pays or believe your NHS pension record may be incomplete, our specialist healthcare accountants can help you understand the figures and determine the next steps.
We support medical and healthcare professionals whose NHS pension position may involve multiple employments, practitioner earnings, private income or membership across different scheme sections.
Healthcare professionals choose Kudos Accounting for clear communication, specialist medical-accountancy knowledge and practical assistance with complex tax and pension matters.
The information required will depend on your NHS roles, pension scheme membership and the reason for the review. Relevant documents may include:
You do not need to organise every document before contacting us. Following an initial discussion, we can explain which information is relevant to your circumstances.
An NHS pension accountant reviews the accounting and tax information connected with an NHS pension. This can include pensionable earnings, pension records, Annual Allowance calculations, Pension Savings Statements, Scheme Pays, GP pension certificates and associated Self Assessment reporting.
Where sufficient information is available, we can assess your pension input amounts, taxable income, other pension savings and available carry forward. We can then calculate whether a potential Annual Allowance tax charge arises and assist with the associated reporting.
A Pension Savings Statement provides information about pension growth during a tax year. Receiving one does not necessarily mean that tax is payable. Your available Annual Allowance, income, carry forward and pension savings outside the NHS scheme must also be considered.
Employers are required to submit relevant pay and membership information so that NHS Pensions can produce Pension Savings Statements.
We can help calculate the relevant tax charge, review the figures needed for an election and explain the associated tax-reporting responsibilities. The appropriate Scheme Pays facility and applicable conditions will depend on your individual position.
A Remediable Pension Savings Statement, commonly called an RPSS, provides revised pension input information where the McCloud remedy has changed an affected member’s historical Annual Allowance figures. We can review the revised information and assess whether previous tax calculations require adjustment.
We can support the accounting and tax aspects of the McCloud remedy, including reviewing an RPSS, recalculating relevant Annual Allowance positions and assisting with associated tax adjustments. Personal retirement-benefit choices may require advice from an appropriately authorised financial adviser.
Where included within our agreed service, we can help prepare or review relevant Type 1 certificates for GP providers and Type 2 self-assessments for applicable medical practitioners. We can also review the pensionable earnings and contribution information used in the forms.
We can compare the available pension information against earnings, employment and contribution records to identify possible discrepancies. Where included in our engagement, we can also support correspondence with the relevant employer, administrator or PCSE.
Our service focuses on accounting, taxation, pension calculations and administrative support. We do not provide personal investment, pension-transfer or retirement-product recommendations unless these are delivered through an appropriately authorised financial adviser.
Speak to our healthcare accounting team about your locum income, tax return, allowable expenses, Making Tax Digital obligations, limited-company accounts or NHS pension records.
We will discuss your working arrangements, identify the information required and explain the accounting service that may be appropriate.
