Pension drawdown glossary
The HMRC form to reclaim over-paid tax in the same tax year when you have emptied your pension pot and have other taxable income, such as a salary or another pension. It is also used after a serious ill-health lump sum.
Source: GOV.UK: claim a tax refund when you have flexibly accessed all of your pension (P53Z) · Last reviewed 24 September 2026
See every term in the A–Z glossary. Definitions are general information for the 2026/27 tax year, not personal advice.
Important: The value of investments can fall as well as rise. You may get back less than you invest. Tax rules can change and benefits depend on individual circumstances. This is not financial advice.