Between July 1 and Sept 30, 2025, over-55s were forced to reclaim a staggering £48m in overpaid tax on their pension ...
She said: "The overpaid pension tax saga continues to drag on. In just three months, HMRC has repaid a whopping £48.7m to ...
HMRC issued £48.7m in refunds between April and June last year for overpaid tax on pension withdrawals with the average ...
There are mix of choice and compulsion that creates confusion, but once you understand the cut-offs and order of rules, the ...
While the cash can be taken back from HMRC, Morrissey warns it's an 'admin headache' that retirees shouldn't have to deal ...
The latest data from HM Revenue and Customs (HMRC) shows the tax body issued £48.7 million in refunds between the start of ...
With many people not saving enough, it's crucial to plan carefully, from understanding tax implications to investing ...
Two million UK taxpayers are at risk of falling into a 60% tax trap this year unless they take action to avoid it. HMRC figures obtained by wealth manager Rathbones show the tax burden poised to ...
The number of UK workers earning six-figure salaries is set to surpass two million for the first time, pulling more employees ...
Frozen thresholds mean more people than ever are set to pay an effective income tax rate of 60% as their earnings increase ...
A west London Labour councillor and current Pensions Board Chair was ordered to pay more than £4,500 in outstanding council ...
Many retirees make costly money mistakes in their first year. See how these common errors quietly waste thousands and how to ...