HMRC overcharged millions of pensioners in income tax last year

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleHMRC has overcharged up to 8.7 million pensioners on their tax bills, collecting an estimated £43.5 million in error last year, with people typically paying around £5 more. The error originated from HMRC's failure to correctly account for the annual increase in the state pension under the triple lock, resulting in state pension income being recorded £9.05 higher than it should have been. This miscalculation impacted pensioners who pay income tax through self-assessment and those still in employment who pay via Pay As You Earn (PAYE). HMRC has apologised for the mistake, stating they have been working to resolve the issue since last year and aim to implement a fix later this summer. The shadow chancellor has urged HMRC to disclose the exact number of affected pensioners and to begin actively issuing refunds, following reports that the issue was raised with HMRC last August. In fullMillions of pensioners overcharged by HMRC for almost a yearThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

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