PensionsApr 26 2024

Call for system overhaul as HMRC pays back £42mn in pension tax

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Call for system overhaul as HMRC pays back £42mn in pension tax
Ian Cook from Quilter said HMRC uses an 'archaic system' for pension tax pay backs. (Dreamstime)
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More than £42mn was returned to pensioners for overpaid tax in the first quarter of 2024.

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