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Pension tax
winniewalsh
Posts: 2
Newbie
in Cutting tax
Cashed in pension where the hmrc took £17000 in tax filled out p53z to claim back states online applications 5-10 days just looked they are still dealing with October 25 ones , they are quick enough to demand payments owed to them in 7 days why not the same for them
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Comments
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I presume you mean the pension company deducted £17,000 in tax, not HMRC?winniewalsh said:Cashed in pension where the hmrc took £17000 in tax filled out p53z to claim back states online applications 5-10 days just looked they are still dealing with October 25 ones , they are quick enough to demand payments owed to them in 7 days why not the same for them
In view of the amounts involved did you consider spreading the withdrawal over 2 or 3 payments to minimise the tax being deducted.
Not aware that HMRC ever ask for income tax to be paid within 7 days, what type of tax was it 🤔3
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