Pensioners are

Millions of pensioners are paying too much tax because of the complexity of the system and their reluctance to seek advice, the National Audit Office has said.

Some 1.5 million older people over-paid income tax due to
processing errors, while about 3.2 million were failing to take up their allowance entitlements, the watchdog found.

It also estimated that 2.4 million were paying more than they needed to on their savings because of their tax arrangements.
The overpayments ran into hundreds of pounds for many
pensioners, who are particularly affected by losing the cash
because of their relatively low incomes.

The NAO said errors occurred because the tax situation for pensioners was often more complicated than for the rest of the
population and HM Revenue and Customs struggled to cope.
It said that the average income tax overpayment due to error was £171, having a disproportionate effect on a group whose mean
income was just £16,000.

Why not contact us now, for a review of your affairs, to see if you are one of the 1.5 million. Our fees for this will be from £60 + Vat depending on the complexity and time taken.


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