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‘Absurd’: Pension savers refunded £188m after HMRC overtaxes withdrawals
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City AM
‘Absurd’: Pension savers refunded £188m after HMRC overtaxes withdrawals
Tens of thousands of taxpayers were handed money back from HMRC last year after savers had too much tax deducted from their pension withdrawals, City AM can reveal. HMRC processed 54,166 pension withdrawal repayments in the 2025/26 financial year, worth around £188m, according to figures obtained through a Freedom of Information request. During the financial [...]
16 Oct, 04:00
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