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Document Can I change or amend my scheme pays election?

Yes. You can make changes to your scheme pays election if the amount of annual allowance you want us to pay changes.


You will need to complete another Scheme Pays Election Notice (SPE2), available on our website, and tick the box in Part B to confirm you are changing a previous election. This provision is useful if you initially estimated your annual allowance charge.


We must receive your change no later than the 31 July, following the end of a period of 4 years from the end of the relevant tax year to which your annual allowance charge liability relates.


Charge in

Change Deadline


31 July 2021


31 July 2022


31 July 2023


31 July 2024


31 July 2025


If your annual allowance charge has:

  • Reduced - we will reclaim any overpaid tax from HMRC. If you have retired your NHS benefits will be reassessed and any additional NHS pension benefits paid to you.

  • Increased - we will pay any outstanding tax to HMRC. If we are using our voluntary scheme pays facility HMRC may contact you to pay interest on a late payment.

More information about the deadline for scheme pays is in the Scheme Pays Election Guidance Notes on our website.

amend scheme pays, scheme pays amendment

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