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Dr Tony Goldstone 💙 Profile picture
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Jun 27 • 4 tweets • 2 min read
Further motion about pension recycling ♻️at #ARM22 noting recent support from SOS @sajidjavid for ♻️
. @alanjrobertson speaking for the motion points out tax relief removed by steep tiering
. @Vish_Sharm points out its "completely shameful" for employers to keep your employer contributions
Again motion carried with no votes against

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More from @goldstone_tony

Dr Tony Goldstone 💙 Profile picture
Jun 27
1/ Very grateful to @FeryalClark MP asking the Minister about rising CPI inflation & impact on pension taxation. A🧵

Its a CRITICIALLY important question, but we need to explore the answer given by Edward Agar, Minister for Health- because put simply- it is plainly wrong

Pls RT
2/ So to understand the problem start by reading this article in @bmj_latest. The full online article by @ingridtorjesen article is here 👇which has more important info. I would suggest reading the full version

bmj.com/content/377/bm…
3/ The full article contained a subtle but important error (caused by the editing process of a long & complex subject, but removal of two crucial words completely changed the meaning!) so please read alongside this rapid response which I thought needed urgent correction
Read 21 tweets
Dr Tony Goldstone 💙 Profile picture
Jun 27
1/18 Really important report by @dnepo @aneelbhangu out this morning as reported by @ShaunLintern in yesterdays @thesundaytimes

Grateful to have received an early copy for comment &here are some thoughts in a short 🧵
2/18 Firstly this is NOT and never was a "COVID" backlog. As I have repeatedly pointed out the backlog has building over a decade, only worsened by but not caused by COVID.

A key part of that has been - as acknowledged by the authors - the interaction with pension taxation
3/18 BUT the problem is not limited to consultants "not taking additional work" - far from it. That particular problem, largely driven by the tapered AA was/is real, but a much bigger threat is reduction in activity (from reduced sessions) and loss of activity by early retirement
Read 18 tweets
Dr Tony Goldstone 💙 Profile picture
Jun 26
1/ Grateful for @imogent_ @thetimes covering the @BMA_Pensions GP CPI calculator in ST

See the problem for yourself by accessing free BMA tool at 👇
bit.ly/CPIPensionDisa…

A financial advisor said "Doctors worry
about the tax bills in their pension. It has been part
of every
2/ conversation I’ve had with a doctor for
three to four years but now it is really front and
centre. This problem for the doctors is having an
immediate knock-on effect on waiting lists."
3/ The key problem is due to the rate of increase of inflation which is unprecendented
Read 16 tweets
Dr Tony Goldstone 💙 Profile picture
Jun 21
1/ Very grateful to @wesstreeting for tackling medical retention head on today

"First we would take immediate practical steps. Why is it that government is sat idly by while doctors are forced to retire early for no other reason than a cap on their pension contribution, which ..
2/4 means they have a financial penalty for staying on. Lets change the rules to keep the good doctors that we have" said @wesstreeting

I completely agree 💯

More than in any year previously on record, there is an urgent need to act (see below👇)

3/4 We in @BMA_Pensions are always happy to offer our knoweldge & expertise around the problems of punitive pension taxation, & how government can fix them (which they desperately need to due to recrod waiting lists)
Read 4 tweets
Dr Tony Goldstone 💙 Profile picture
Jun 18
1/44 A really important long read🧵 updating on June @CommonsHealth. Pls read *all* carefully/share/watch clips & share/RT. Some really important updates including very grateful for SOS @sajidjavid showing central support for ♻️
2/44 🧵 on June 2nd @CommonsHealth- important updates following further superb questioning by GP/MP @drlukeevans @Jeremy_Hunt

1️⃣Taper tweak-why it didn’t fix the problem
2️⃣Tax unregistered why it will work (& “flexibility” won’t work)
3️⃣@sajidjavidgives green light to recycling
3/44 Please take time to watch the clips / read the transcripts. Some important info in here, and for what its worth, some analysis from me!

So lets start with
1️⃣Taper tweak-why it didn’t fix the problem

Watch the video and I'll explain my thoughts
Read 44 tweets
Dr Tony Goldstone 💙 Profile picture
May 28
1/46 If you are a doctor this may have landed on your mat. Some more info for GPs, consultants & some crucial new info following @CommonsHealth this week. Sorry its long read🧵 Pls read all carefully/share. Needs fixing, by government NOW. What will, & importantly WONT work. Image
2/46 The full online @bmj_latest @ingridtorjesen
article is here 👇which has more important info. I would suggest reading the full version

bmj.com/content/377/bm…
3/46 The full article contained a subtle but important error (caused by the editing process of a long & complex subject, but removal of two crucial words completely changed the meaning!) so please read alongside this rapid response which I thought needed urgent correction Image
Read 47 tweets

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