NHS lease scheme

[Deep]

There's been some discussion on the 'best lease deals' thread about the NHS scheme.

I thought it might be worthwhile having a separate thread for both the discussion of how it works and best deals.

I've never used it before and in particular don't understand the pension implications? Anybody care to explain please?

I'm on the higher end of the pay scale in the NHS and it might even be beneficial to reduce my pension pot as it will prevent me from being landed with a horrendous tax bill.

Thanks