HMRC repays £44m in overpaid pensions tax in Q1 2025

Analysis shows savers have recouped more than £1.4bn in overpaid pensions tax since 2015

Martin Richmond
clock • 3 min read
HMRC repays £44m in overpaid pensions tax in Q1 2025

HM Revenue and Customs (HMRC) repaid nearly £44m in overpaid pensions tax in the three months from January to March this year, newly published figures have shown.

HMRC's April pension schemes newsletter - published yesterday (24 April) - revealed it had repaid £44,003,977 covering the period from 1 January to 31 March 2025. This marked a £5.5m decrease on th...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Less than two weeks to go until Professional Pensions Live 2025

Less than two weeks to go until Professional Pensions Live 2025

Keynotes at our flagship event include Nausicaa Delfas, Guy Opperman, Ian Connatty and Rachel Croft

Professional Pensions
clock 13 May 2025 • 1 min read
17 pension providers sign Mansion House Accord

17 pension providers sign Mansion House Accord

Signatories say commitment is ‘dependent’ on enabling government and regulatory actions

Holly Roach
clock 13 May 2025 • 5 min read
Buzz: Does a pensions regulator need someone with pensions experience in its top ranks?

Buzz: Does a pensions regulator need someone with pensions experience in its top ranks?

Pensions regulator experience, multi-employer CDC and VfM framework

Professional Pensions
clock 12 May 2025 • 1 min read
Trustpilot