
Navigating Scheme Pays Elections for Consultants
Free consultation with one of our specialists
Scheme Pays Election for Consultants Insight
Whether to make the NHS Scheme Pays Election can be a crucial decision for consultants. We provide clear guidance to navigate this choice and consider your personal circumstances.
Annual Allowance Pension Charge Advice
Our team assists consultants with the annual allowance pension charge, ensuring you understand the Scheme and its implications on your NHS Pension Scheme benefits. We also take care of the administrative work involved.
Here are some of the areas that we we can help you as a consultant.
- Claiming Expenses
- Should I be a Limited Company?
- National Insurance
- Tax planning
- Accounting and Tax
- Pension Schemes
- Tax Enquiry Protection
Benefits of this Pension Scheme
A ‘Scheme Pays Election’ may offer a strategic advantage for consultants under certain conditions. Our expertise ensures that you make this election with a comprehensive understanding of its effects on your future pension.
- Detailed calculations for the annual allowance charge.
- Analysis of potential reductions in pension benefits.
- Deadline tracking to ensure timely election submissions.
- Assessment of election eligibility based on specific criteria.
- Personalised advice tailored to your financial situation.


Tailored Scheme Pays Election Support
Consultants face unique challenges with NHS Pension Scheme decisions. We provide personalised assistance, from calculating potential charges to filing Scheme Pays Elections, ensuring every step is taken with precision and with your interests in mind.
“They show a high level of integrity and I value that”
Khalid Ismail, General Practitioner of over 30 years and Senior Partner of South Lewisham Group Practice in South East London explains what he values the most from working with our Nichols & Co team and how we support their medical practice.
Get in touch
Contact us for specialist medical accountancy services for Consultants
If you’re looking to plan your finances for the future or trying to find an answer to a problem then get in touch today.
Telephone: 020 8850 3300
We’re open from 9am to 5pm Monday to Friday. We are closed on bank holidays.
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