Home FAQs Pension Tax & Inheritance What happens if HMRC decides I recycled pension cash?
What happens if HMRC decides I recycled pension cash?

What happens if HMRC decides I recycled pension cash?

If HMRC decides pension recycling has taken place, the tax-free lump sum may be treated as an unauthorised payment. This can lead to substantial tax charges for the individual and, in some cases, scheme-level consequences.

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