Paul Dobbs
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Pension withdrawal wrong tax code
I spoke to HMRC today regarding me owing 10k in underpaid tax after taking a few lump sums from pension fund. Apparently I was unaware pension company was paying BR code after I had claimed a refund on 1st withdrawal. No one told me rest should be at 40%. Now jobless and pot less. I owe this amount. HMRC said I should speak to pension company and pension company said I should speak to HMRC there fault Is it worth appealing this I obviously was to thick and uniformed that I had gone over an amount that requires more tax payable.