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Story summary
- The error cost HM Revenue and Customs up to £43.5 million in pensioner charges last year.
- HMRC confirmed it overcharged about 8.7 million state pensioners by £5 each and is correcting the error.
- Conservative MP Richard Holden’s parliamentary question on 29 August led HMRC to acknowledge the miscalculation on 10 September.
- Shadow chancellor Sir Mel Stride and the Low Incomes Tax Reform Group urged urgent answers, quick amendment of pension figures and proactive refunds.
