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

Professional Trustee Focus: Less than one week to go!

Professional Trustee Focus: Less than one week to go!

Half-day conference will be held in London on Thursday 15 May

Professional Pensions
clock 09 May 2025 • 1 min read
Industry sceptical of impact of productive assets to boost DC outcomes

Industry sceptical of impact of productive assets to boost DC outcomes

PP poll finds 68% believe productive asset investment will not strengthen DC outcomes

Martin Richmond
clock 09 May 2025 • 2 min read
Brookfield Wealth Solutions posts Q1 results and reiterates UK PRT pledge

Brookfield Wealth Solutions posts Q1 results and reiterates UK PRT pledge

Reaffirms expectation to be active in market this year with focus on policyholder service

Jonathan Stapleton
clock 09 May 2025 • 2 min read
Trustpilot