We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Pension Drawdown Tax Refund
Options
JustJus1701
Posts: 8 Forumite
Hi, last year I used all 100% of a small pension to pay off my mortgage. Obviously, I was taxed on the 75% drawdown amount. Since then, I have been unemployed and have not made much money and have not reached my tax allowance for the year. Will I be able to get the 3k plus back as paid taxes?
0
Comments
-
HMRC will sort out the refund when they reconcile the year likely sometime from June onwards
1 -
Or it could be more like November, or sometime inbetween.1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.2K Mortgages, Homes & Bills
- 177K Life & Family
- 257.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards