PensionsJan 25 2024

HMRC pays out £1.2bn to savers from pensions overtaxation

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HMRC pays out £1.2bn to savers from pensions overtaxation
AJ Bell's Tom Selby wants HMRC to update its processes so fewer people are overtaxed. (AJ Bell)

HMRC paid back £38mn to savers who had made flexible withdrawals from their pensions in the last three months of 2023.

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