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Should pension scam victims be let off tax bills?
http://www.mabels.org.uk/forum/viewtopic.php?f=3&t=5074
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Author:  admin [ Fri Jan 29, 2016 11:33 am ]
Post subject:  Should pension scam victims be let off tax bills?

Victims of 'pension liberation' scams are suffering the heartbreaking plight of losing their savings then being landed with a 55 per cent tax bill on the missing money, according to an anti-fraud campaigner who has launched hundreds of appeals to HMRC on their behalf.

People aged under 55 whose retirement savings have vanished still face stiff tax bills, because HMRC imposes charges to claw back tax relief from anyone who accesses their pension before this strict age limit. Read more

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