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We are looking at the practice pensions in light of the proposed changes to the NHS pension scheme. We have a nurse partner who is entitled to remain in the NHS scheme. As GPs we are allowed tax relief on our contributions, but it seems our nurse partner is not. Is this correct? And, if so, what are the reasons?
Non-GP partners who are self-employed cannot receive tax relief on their superannuation contributions up to 5 April 2006. The reason for this is that GPs claim tax relief on their superannuation contributions under the Inland Revenue A9 concession. This concession clearly states it is for medical practitioners only, and therefore does not apply to non-GP partners.
A recent tax case prevented HM Revenue & Customs from changing this concession to allow non-GP partners the tax relief. However, from 6 April 2006 the simplified pension …