Too much tax paid?

bernih

I have been taking a pension from an employer since 2008. Recently, they sent a letter saying that I have been getting the wrong amount and was due nearly £12,000 and more per month. It has arrived in my account, but £2,500 tax has been taken. If the correct pension had been paid monthly, no tax would have been paid from 2008 to 2020 when I started to get the oap which took me over the tax threshold. Am I entitled to challenge this tax paid? It does seem a bit rough to pay tax now when I wouldn`t in normal circumstances.
Thanks for any answers/advice.

TadleyBaggie

bernih said:

and was due nearly £12,000 and more per month. 

Seriously, that's one hell of a pension!

penners324

No to the tax, though the company should pay you that amount 

Dazed_and_C0nfused

bernih said:

I have been taking a pension from an employer since 2008. Recently, they sent a letter saying that I have been getting the wrong amount and was due nearly £12,000 and more per month. It has arrived in my account, but £2,500 tax has been taken. If the correct pension had been paid monthly, no tax would have been paid from 2008 to 2020 when I started to get the oap which took me over the tax threshold. Am I entitled to challenge this tax paid? It does seem a bit rough to pay tax now when I wouldn`t in normal circumstances.
Thanks for any answers/advice.

Not with the pension payer no.

But you can ask HMRC to treat the income as taxable in the tax year it relates to.

https://www.gov.uk/hmrc-internal-manuals/employment-income-manual/eim75020#pensions-paid-in-arrears

Jeremy535897

TadleyBaggie said:

bernih said:

and was due nearly £12,000 and more per month. 

Seriously, that's one hell of a pension!

OP means £12,000 for arrears, and an amount which is more than the current pension per month.

bernih

Thanks for the replies. I called the IR and I have to get the pension company to show how much of the arrears relates to tax years from 2008 to now. I have written to them asking for this. I didn`t go above the tax threshold until I reached pensionable age in 2020.

calcotti

Jeremy535897 said:

TadleyBaggie said:

bernih said:

and was due nearly £12,000 and more per month. 

Seriously, that's one hell of a pension!

OP means £12,000 for arrears, and an amount which is more than the current pension per month.

I hope that Tadley realised that and was being humorous!

Jeremy535897

So do I, but it wasn't 100% clear.