HMRC repays £37m for overtaxed flexible pension payments in Q3

Michael Klimes
clock • 2 min read

HM Revenue and Customs (HMRC) paid out £37m in overpaid tax to pension freedoms users in the third quarter of the year, its quarterly figures have revealed.

HMRC processed 16,168 tax repayment claim forms across three types of document between 1 July and 30 September: 8,489 were P55s, 5,944 were P53Zs and 1,735 were P50Zs. Although £10m more was pai...

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