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 practitioner’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.