HMRC pension tax refunds double year-on-year
27 April 2023
Latest data from HMRC show that pension tax overpayment refunds were £48,550,827 in the first quarter of 2023, more than double the £22 million repaid in Q1 2022. The increase in the number of claim forms processed, demonstrates “the continued necessity for people to access their pension funds amidst the intensifying cost-of-living crisis impacting...