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HMRC repays £50million to pension savers over emergency tax code errors
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GB News
HMRC repays £50million to pension savers over emergency tax code errors
Thousands of pension savers are being urged to check whether they are owed a tax refund after HM Revenue and Customs (HMRC) repaid more than £50million to people who were overtaxed when accessing their retirement savings.
New HMRC figures show more than 12,500 people reclaimed overpaid tax on flexible pension withdrawals between April and June 2026.
During the three‑month period, HMRC refunded £50,353,656.76, with…
4 Aug, 09:50