Annualisation (T1)
I was a partner for the first 3 months of the 2022/23 financial year. Does the amount of pensionable pay to determine the rate I pay include other earnings in the first 6 months?
To make sure your tier rate is calculated correctly for 2022/23, please include income from all your practitioner posts.
For step-by-step guidance, visit https://www.nhsbsa.nhs.uk/member-hub/information-practitioners-and-non-gp-providers, where you’ll find helpful resources on completing the Type 1 form and using the annualisation calculator.
Where the GP provider is a partner in two practices, how do we record annualised earnings and correct tier rate as the chances are based on one certificate the rate is different to if we base on two practice's profits?
If you’re a partner at more than one practice with a GMS, PMS, or APMS contract, you’ll need to complete a separate Type 1 form for each practice.
To make sure your tier rate is correct, include pensionable income from all your practitioner posts when calculating it.
For clear guidance on completing the Type 1 form and using the annualisation calculator, visit https://www.nhsbsa.nhs.uk/member-hub/information-practitioners-and-non-gp-providers
I opted out of the pension scheme part way through the year, do I only annualise until the date I opted out?
To make sure your tier rate is calculated correctly, please include income from all your practitioner posts.
You will need to enter the opted in periods for each employment you had into the annualisation calculator to calculate the appropriate tier rate(s).
For example, if you were opted into the Pensions Scheme from April to November 2024, then you would enter these dates.
I retired during the financial year, how do I annualise that?
When we talk about annualising income, does this mean half yearly profits need to be calculated separately as the profits available will be annual?
Please see the Type 1 End of Year guide, page 9 discusses apportioning income. You will also find information about the tier rate split on page 4.
Do I need to complete the annualisation calculator?
If you didn’t have continuous practitioner employment for the full pension year, you’ll need to use the annualisation calculator to work out your tier rate. This ensures your pension contributions are correct.
When you DO need to annualise
Registrar to Salaried/Solo GP
Example: You were a Registrar until June 2023 and started as a Salaried or Solo GP in July 2023.
✅ Use the annualisation calculator.
Salaried GP who retired or opted out
Example: You’ve been a Salaried GP for several years but retired or opted out during 2023/24.
✅ Use the annualisation calculator.
When you DO NOT need to annualise
Salaried to Partner with no gaps
Example: You were salaried from 1 April to 30 September 2023 and became a partner from 1 October onwards.
❌ No annualisation needed.
You will need to complete a type 2 form for the duration you were a salaried GP and a Type 1 form for the duration you were a Partner. Based on these 2 submissions your tier rate is based on combined pensionable pay from both roles?
Solo work with a continuous contract
If you had a continuous Solo contract "for service" for the whole pension year,
❌ No annualisation needed.
Where can I find the annualisation calculator?
You can find the annualisation calculator on the NHS Pensions website under the section: Information for practitioners and non-GP providers | NHSBSA
Go to the GP tiered contributions and annualisation calculator area.
Tip: NHS Pensions publishes a dedicated annualisation calculator for each pension year, so double-check you’re using the correct one for your year.
On the calculator, should SOLO income be noted as Locum or Type 1 or 2?
Solo should be recorded on the calculator as Type 2 (Locum is only for income you have pensioned using Locum A&B forms).