HMRC to issue pension tax relief refunds
HMRC is contacting approximately one million individuals regarding unclaimed pension tax relief. The payments are primarily directed toward women who were affected by historical administrative errors. The refunds relate to tax relief that was not correctly applied to pension contributions. HMRC will issue letters to those eligible for the adjustment. Recipients should verify the correspondence through official government channels to ensure legitimacy. Monitor official HMRC communications for further details on the distribution timeline.
Source: BBC Business
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