HMRC returned £115.6m overpaid pension tax in 2020/21

HMRC returned £115.6m in overpaid emergency pension tax in the 2020/21 tax year.

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383,000 used flexible pension withdrawals in Q1 - HMRC

The number of people using flexible pension withdrawals rose by 6% in the first quarter of 2021 to 383,000, according to the latest HMRC data. 

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LCF victims get green light for ISA reinvestment

HMRC has given London Capital & Finance (LCF) ISA investors the green light to reinvest their Financial Services Compensation Scheme (FSCS) compensation payments into a new or existing ISA. 

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2020/21 inheritance tax bill hits £5.33bn

HMRC collected £5.33bn from inheritance tax in the 2020/21 tax year, a rise from £5.12bn in 2019/20.

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