Tag: pension withdrawals
State pensioners given £3,815 each with one HMRC claim
You might be able to claim back thousands of pounds. …
Pension savers urged to avoid 1 mistake before November 26 or face ‘nasty shock’
Pensioners are being urged to not do this one costly mistake before November 26. …
People with pensions urged to avoid ‘knee-jerk’ mistake that could cost retirement
Finance experts are warning people not to act on ‘speculation alone’ in the run up to the autumn Budget …
Rachel Reeves budget ‘fear and rumour’ leads to urgent pension warning
Financial experts have issued advice amid concerns people are ‘stampeding’ to withdraw cash …
HMRC refunds worth £3800 issued to older Brits
HMRC has repaid £48.7million in overpaid tax between April 1 and June 30, with an average payment of £3,815 …
The £1 trick to save pensioners overpaying £2.8k in tax
Thousands of pensioners have been charged more tax than necessary year on year. …
HMRC pension tax overpayment update, find out if your tax code means £3k refund
HMRC is overhauling the way pensioners are taxed after over 15,000 overpayment claims totalling £44 million, were processed between January and March 2025. …
HMRC warning as thousands owed £3,389 in overpaid tax
The government has forked out almost £50 million over three months between 14,000 people …
Retirees warned of ‘big cost’ as pension withdrawals trigger massive tax bills
Nearly a third of over 55s lack confidence in pension withdrawal options, risking hefty tax bills. …
Warning issued to state pensioners as they ‘run out of money’ with surprise tax bill
State pensioners could ‘run out of money’ and risk being taxed in old age due to a common pension planning decision. …
