HM Revenue & Customs (HMRC) has repaid more than £1bn in overpaid pensions tax since 2015, latest data reveals.
In its April 2023 pension schemes newsletter, HMRC said more than £48.5m was repaid to 15,856 people overtaxed on pension withdrawals in January, February, and March this year. The £48,550,827 r...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
