Get our money-saving tips and top offers direct to your inbox with the Mirror Money newsletter Invalid Email Something went wrong, please try again later. In total, HMRC has levied tax charges totalling around £4million. Sean Browes, professional trustee at Dalriada said: “HMRC has pursued members for tax charges on the basis that the loans members received were unauthorised payments. Sign up to our Mirror Money newsletter here. She told The Mirror: “HMRC have no discretion on levying the tax but the tax rules were set before pension scamming became endemic.

Source: Daily Mirror May 12, 2021 11:07 UTC