Overview
- HMRC is using X and its mobile app to remind people to review their records and claim any tax rebates they are due.
- Official figures show £48.5 million was repaid for overtaxed pension withdrawals in Q3 2025, taking total repayments since Pension Freedom beyond £1.5 billion, with 13,721 claims filed.
- In the previous quarter, HMRC returned £48.7 million on more than 13,000 claims, with typical refunds around £3,800 per person.
- Experts say over-deductions often stem from ‘month 1’ emergency tax applied to initial or one-off lump-sum withdrawals, which can later be reclaimed via HMRC forms or year-end reconciliation.
- GOV.UK lists other common refund triggers including job expenses, redundancy payments, savings interest or PPI payouts, Self Assessment adjustments and employment income.