HMRC repays £48.7m for overpaid pensions flexibility tax in Q2

HM Revenue & Customs (HMRC) repaid £48.7m over the second quarter of the year for pension flexibility tax overpayments.

Jasmine Urquhart
clock • 2 min read
HMRC repays £48.7m for overpaid pensions flexibility tax in Q2

First Actuarial promotes four

In its pension schemes newsletter, published today (30 July), HMRC's statistics for Q2 showed an average of £3,800 was repaid to 12,767 claimants who had taken out a pension lump sum – with £92m in...

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Jasmine Urquhart
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Jasmine Urquhart

Senior Correspondent at Professional Pensions

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