Jim Shannon
Main Page: Jim Shannon (Democratic Unionist Party - Strangford)Department Debates - View all Jim Shannon's debates with the HM Treasury
NHS Pensions: Taxation
Jim Shannon Excerpts(4 years, 10 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Elizabeth Truss
This is a matter that took place before I was a Minister in the Treasury, but I commit to find the relevant paperwork and send it to the hon. Gentleman.
Jim Shannon (Strangford) (DUP)
Will the Chief Secretary accept that such changes to the pensions process make it seem not worth while for consultants to do overtime, as they are taxed at a high rate multiple times? Furthermore, this will have a detrimental effect on waiting lists and, more importantly, on people’s lives. Will she be prepared to rethink the changes to ensure that those whom we need to work overtime and go the extra mile are not horrifically penalised for doing so?
Elizabeth Truss
A number of issues have been raised in respect of the complexity of the tax system and the need for further tax reform. I am sure the Treasury will take that seriously.