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Hundreds of Britons Face £100,000 Tax Bills After Cashing in Their Pensions: The Reasons Why

International Business Times UK — July 22, 2026 at 08:41 AM UTC

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Hundreds of Britons Face £100,000 Tax Bills After Cashing in Their Pensions: The Reasons Why

Racing to beat a 2027 inheritance levy has left savers with huge bills. Discover how a pension withdrawal is taxed, what sparked the panic, and how to hold on to more.