NHS Remedial Pension Savings Statements (RPSS)– Correcting Tax Positions

Hi everyone,

We trust you are keeping well. 

If you are a member of the NHS Pension Scheme affected by the Public Service Pensions Remedy, you may have received a Remedial Pension Savings Statement. This could significantly impact your tax position, potentially requiring an urgent review, and corrections to your self-assessment tax return position.

You can find more information via the link below :

What is a Remediable Pension Savings Statement (RPSS)?  · Customer Self-Service

Why This Matters

If your statement contains changes to the annual allowance growth, it may result in:

✔ Review your tax position for the relevant years

✔ Adjust past tax returns (if necessary)

How We Can Assist You

As your dedicated dental accountants, we specialise in tax returns, and can help with the following:

• Calculating any refunds due for a Lifetime Allowance or Annual Allowance charge you have previously paid

• Determining any new, reduced, or additional Lifetime Allowance or Annual Allowance charges you may owe

• Submitting necessary information to HMRC for review

Next Steps

If you have received an NHS Pension Remedial Savings Statement, we strongly recommend having it reviewed. We can assess your situation and determine whether there is a tax underpayment or overpayment by submitting the necessary information to HMRC.

Please send us a copy of your RPSS statement at your earliest convenience, so we can assist with reviewing and correcting your tax position.

If you need any assistance, please do not hesitate to contact your client accountant, who will be happy to guide you.

Best Regards,

Arun