HMRC repays £44.1m in overpaid pensions tax in Q1 2026

Analysis shows total amount recouped by savers since 2015 is close to surpassing £1.6bn

Martin Richmond
clock • 3 min read
HMRC repays £44.1m in overpaid pensions tax in Q1 2026

HM Revenue & Customs (HMRC) repaid £44.1m in overpaid pensions tax in the three months from January to March 2026, according to newly-published government figures.

In its April pension schemes newsletter, published yesterday (23 April), HMRC said it repaid £44,139,097 in the period from 1 January to 31 March 2026, which amounted to less than the £46.2m repaid...

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Martin Richmond
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Martin Richmond

Senior Correspondent at Professional Pensions

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