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  • FIRST POST
    • maureenbulman
    • By maureenbulman 5th Feb 18, 3:18 PM
    • 38Posts
    • 0Thanks
    maureenbulman
    Interest on Tax Rbate
    • #1
    • 5th Feb 18, 3:18 PM
    Interest on Tax Rbate 5th Feb 18 at 3:18 PM
    Good Afternoon,
    could somebody out there please help.My husband was due a tax rebate in Sep 2014.

    The accountant who applied and got the rebate paid into his account on the 19/09/2014.

    He kept hold of that money until 26/01/2018.

    Can anybody give me a figure of what you think I should have got after waiting over 3 years to be paid.

    Thanking you in Advance.
Page 1
    • alanq
    • By alanq 5th Feb 18, 3:29 PM
    • 3,934 Posts
    • 2,548 Thanks
    alanq
    • #2
    • 5th Feb 18, 3:29 PM
    • #2
    • 5th Feb 18, 3:29 PM
    If I recall correctly, courts usually apply an interest rate of 8% for delayed repayment of a debt.

    A few years ago I got that (without asking) from NS&I on the difference between the interest it had paid me and the interest it should have paid me due to an error in its calculations.
    • badger09
    • By badger09 5th Feb 18, 3:38 PM
    • 5,896 Posts
    • 5,230 Thanks
    badger09
    • #3
    • 5th Feb 18, 3:38 PM
    • #3
    • 5th Feb 18, 3:38 PM
    Good Afternoon,
    could somebody out there please help.My husband was due a tax rebate in Sep 2014.

    The accountant who applied and got the rebate paid into his account on the 19/09/2014.

    He kept hold of that money until 26/01/2018.

    Can anybody give me a figure of what you think I should have got after waiting over 3 years to be paid.

    Thanking you in Advance.
    Originally posted by maureenbulman
    You asked this question a couple of days ago. Didn't you like those answers?

    http://forums.moneysavingexpert.com/showthread.php?t=5787082
    • maureenbulman
    • By maureenbulman 5th Feb 18, 10:03 PM
    • 38 Posts
    • 0 Thanks
    maureenbulman
    • #4
    • 5th Feb 18, 10:03 PM
    • #4
    • 5th Feb 18, 10:03 PM
    Sorry about that badger09,ive just come back on the site and didnt know how to view the replys....Thats why i posted it again.
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