NHS Pensions: Taxation Debate

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Department: HM Treasury
Monday 8th July 2019

(5 years, 4 months ago)

Commons Chamber
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Elizabeth Truss Portrait Elizabeth Truss
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I disagree with the hon. Lady. We are taking steps to deal with this issue, and the Health Secretary is currently meeting representatives from the medical profession to discuss this in more detail. Wide-ranging reforms to the taxation and pension systems are not things to be wished overnight; they have to be properly worked through.

Richard Drax Portrait Richard Drax (South Dorset) (Con)
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May I add to the sense of urgency by speaking up on behalf of the chief executive of my local community hospital trust? This is affecting not only clinicians but senior staff, too. They want to continue in many cases, but now they are leaving. These are highly valuable, experienced people whom we need to run these trusts. Please can we sort this out as soon as we can?

Elizabeth Truss Portrait Elizabeth Truss
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My hon. Friend is right about ensuring these people do not face very high marginal rates and an undue tax burden, which is precisely what the Opposition propose—they want to see taxes raised for higher earners.