Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Wed, 01 Jan 2025 12:33:17 GMT by Stephen Edgar
I would appreciate any insight on the following query. If I make a payment from my savings into a personal pension, the pension provider claims 20% tax from HMRC and pays this into my pension pot. If, for example, I transferred £30,000 to a pension, the pension provider would then claim £6,000 from HMRC and pay this into my pension pot. Are there any subsequent 'restrictions' or time limits before which withdrawals can be made from the increased pension pot?
Posted Fri, 17 Jan 2025 07:52:24 GMT by HMRC Admin 25 Response
Hi Stephen,
For pension scheme queries please contact us here:
Pension schemes
Thank you. 

You must be signed in to post in this forum.