Pension drawdown glossary
The HMRC form to reclaim over-paid tax in the same tax year after a flexible pension withdrawal that did not empty your pot, when you will not take any more regular or flexible payments before the tax year ends.
Source: GOV.UK: claim back tax on a flexibly accessed pension overpayment (P55) · 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.