9 Nov 2018
HMRC has had to repay £372.5m of overpaid tax on pension withdrawals since the launch of the pension freedoms, according to FT Adviser (01.11.2018). To support you and your clients, FundsNetwork have created a practical guide explaining how the tax on a pension withdrawals is administered and outlines the process for reclaiming any overpaid tax.
(Source: FT Adviser, 'HMRC refunds £38m to pensioners in overpaid tax', 01.11.2018)
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