Pension overtaxation claims hit landmark £1.5 billion
2 November 2025
Pension savers reclaimed £48.5 million in overtaxation on pension withdrawals between July and September 2025, the latest figures from HM Revenue and Customs has shown. Over 13,700 reclaim forms were processed during the quarter, with an average reclaim of £3,539. It takes the total figure reclaimed since 2015 to more than £1.5 billion. Tom...
