Financial experts urge pension savers to claim tax rebates by Jan 31 to avoid losing up to £250M in refunds.

Financial experts warn pension savers to claim tax rebates by the January 31 HMRC self-assessment deadline to avoid losing out on substantial refunds. Many higher and additional rate taxpayers miss out on about £250 million annually in pension tax relief. Savers should understand their pension schemes and ensure they claim the extra tax relief, which can be done through tax returns or by contacting HMRC.

2 months ago
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