LTA protection ignorance sees doctors overcharged by £11m
2 November 2021
Hundreds of doctors have been overcharged on pensions tax, amounting to a total overpayment of £11 million, a Freedom of Information request from Quilter has revealed. According to the FOI, 413 retired doctors have unnecessarily paid £11,094,979 in Lifetime Allowance Charges. The LTA is currently frozen at £1,073,000 until April 2026. However, LTA protections were...