Floodplains are dynamic ecosystems that cycle carbon, which is both delivered from upstream catchment sources and produced in-situ. These systems are being increasingly recognised as key environments of carbon processing, with the capacity for substantial carbon storage, in addition to acting as hotspots of carbon mineralisation. The balance of storage versus mineralisation is dependent on a number of controls including landscape position and environmental conditions. This study focuses on three headwater floodplains downstream of a highly eroded blanket bog peatland in the Peak District, UK. Previous research has shown that aged organic carbon from peatland sources, has been stored in floodplains in this area, and therefore, we aimed to understand whether allochthonous carbon was being mineralised in this context. We examined sediment cores and analysed the radiocarbon (14C) content of soil-respired CO2, using a partitioning approach to scrutinise the depth and age relations of respiration in the individual floodplains, and patterns of age distributions downstream. Aged organic carbon was released from the upper and mid floodplain sites (14C ages of 682 and 232 years BP, respectively), whereas only modern dates were recorded at the lower site. The geomorphic context and sedimentology supported these results, with the stratigraphy suggesting a dominance of allochthonous deposition at the upper sites, but primarily in-situ soil development at the lower site. There were no trends of radiocarbon age with depth in the individual floodplains, suggesting that floodplain sediments were well mixed and that aged organic matter was being processed both at the surface and at depth in the uppermost sites. An isotope mass balance mixing model indicated the dominance of two sources of CO2; recently fixed C3 organic matter (<10 years old) and CO2 produced by methanogenesis. The results indicate that floodplains in a relatively narrow halo around eroding headwater peatlands, could be important sites of aged carbon turnover originally derived from upstream sources. Reworked carbon does not transfer passively through the system and experiences periods of deposition where it can be subject to microbial action. This is an important consideration in other environments where organic carbon has previously been ‘locked up’ (e.g., permafrost regions) but is now under the threat of release due to climate change.