HMRC
Cost of pension tax relief surpassed £50bn in 2021-22
But this should not become a justification for cuts
Interest on overdue IHT payments soars to 6%
It has more than doubled in a year
Cost-of-living crisis triggers 23% surge in taxable pension withdrawals
£3.6bn was taken in the first quarter of this financial year
HMRC to rake in £1.7bn from Autumn Statement tax avoidance crackdown
Investigations are an ‘open door’ the Treasury can continue to push
HMRC ‘quiet scandal’ as overtaxation of pension withdrawals soars
It has had to pay back £925m since pension freedoms were introduced