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Black Horse PPI Payout, Tax question.
I've received an offer today from Black Horse for PPI on 4 loans i had many many years ago (probably mid 90's) The paperwork is around 8 pages long, but the final page mentions about the compensation interest and possible tax back from HMRC. Seems bit of a minefield reading the jargon on the letter and looking online. I am…
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The Money Shop
Hi all! I recently got an email about a PPI claim I made to The Money Shop many months ago. I had to log in to the site with my own log in details etc and was delighted with the amount. However, they are asking for my bank details to pay it once all offers made. I am now so confused as other companies sent cheques. Has…
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PPI Fees
Hi , I wonder if anyone is able to give me some friendly advice. This is the short story in : August 2016 I instructed a claims company to look into one of my bank accounts claims . I signed the LOA ( which was for only for the one account and not all of my accounts with the company) and they started looking. My bank…
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Struggling to find R40 form online.
Can l get some help and advice on where to get the R40 form online to fill to claim tax back on some ppi l got back in March. l did get onto HMRC and filled a form in but wasn’t sure if it was the right one as it didn’t ask for the ppi tax details anywhere so l deleted it . It may have been the right form but where would l…
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Loss ajusters
In May this year my friend got the insurance company to repair CH system. Man came and left, two days later kitchen was wet through with water dropping from light fitting. They came back to rectify and caused more leaks. Kitchen still damaged. Any advice on the above, eg no win no fee? Have you used one, any good? Looking…
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Deferred ppi claim
Hi guys..I got a letter of Yorkshire bank saying I was entitled to £16000 ppi compensation..I rang to confirm on the 21 September...and was told 14 days for the cheque to arrive . After waiting patiently I just called today (6th October)..to be told it had been referred and I may not get anything...after a rant I was told…
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Tax Back on PPI claims
Hello I have successfully claimed back a few PPIs in the last couple of years. Please can someone clarify can you only claim back upto £1000 in one year (April to April) I assume? Also this is one of my examples. Total Interest refunded £539.06. Compensation interest at 8% £309.09. 20% tax deduction on compensation…
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PPI Tax Refund R40 Form
I received a PPI payment back in Jan 2017 and paid tax on it. I've not worked since December 2018. I have my P60 from then but this obviously it doesn't cover the current tax year. I'm really confused on how to fill out the R40 form due to this. Can anyone help please?
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Misold Mortgage Decreasing term assurance
Dear all. my wife and i took out a mortgage in 2007 and that time and the adviser sold us this "life insurance" by legal and general. and since then it's costing us 50 a month. i would like to know is this so called "mortgage decreasing term assurance same as PPI? if it is and i was misold, how can i make a claim for it?
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No offer from HSBC but told they would contact me directly
Hi folks, I received a letter from the financial ombudsman in March 2020 which stated that HBSC would be contacting me directly to make me an offer. I haven't received anything from HSBC as yet and since I dealt with the ombudsman (via the Resolver website as recommended on here), I don't have a reference number with HSBC.…
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Why don't HMRC auto refund PPI
A curious question: Is there any reason why HMRC do not do this given they must have the info?. My wife had a PPI refund back in 2018 and only just found out you can claim back the tax. My wife has not worked for over 10 years so had a full tax allowance available in 2018, the PPI tax deducted was £731. I know we have to…
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Reclaiming tax on PPI PAYOUT
Having successfully made a PPI claim on behalf of a deceased relatives widow. I’ve tried to reclaim the income tax - the Revenue have rejected the claim as the deceased died over a year prior to the payment and the payment formed part of his estate - the widow is the sole beneficiary. Is this correct? any guidance…
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Is this a SCAM?
Today I received a telephone call from Christine at Oracle Legal telling me that I have a successful PPI claim to the value of £3300, she gave me various reference numbers to the claim. She went on to say that David Watkins, an agent from the County Court of London, was in the area and could call at our house to give me…
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PPI deadline.
Hi all can anyone pls advise. I opened a claim for PPI for deceased relative before the august deadline. The adviser on phone said to send relevant evidence which I did (after the aug deadline) she expressed on phone that as the claim was opened before the deadline it didn’t matter the documents would arrive late. After…
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Miss-sold Mortgage claim and ATE insurance
We are currently pursuing a miss-sold mortgage claim and have a firm dealing with this. The solicitors have sent us a form to complete and have included an After the Event insurance policy funding options. They are recommending us to put this in place for protection. We have never heard of this before so would welcome some…
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Safetynet credit claim
So after reading on here about mis-sold payday loans I decided to look at the ways they were mis-sold. I have an account with safetynet credit for about 18 months and got stuck in a cycle of they took what I had borrowed plus interest every time I was paid (monthly) started off borrowing a £100 just to cover day to day…
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Lloyd's TSB CORI & BLRI
Could any of you knowledgeable people help please - my mum had the above policies which paid out on death but no payments were made when she was unable to work due to ill health. She was a sole trader (public house) so therefore the business continued to run even if she was incapacitated. Were these insurances definitely a…
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DCBL adding charge.
Hi, I recently had a company do a claim from my bank for PBA and they won and I was awarded a small sum of money. I got into a dispute with the company who I made the claim through regarding the % they were taking as the figure they asked for was more than the 30% they quoted. I said I have no problem paying the 30% but it…
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Lloyds TSB PPi Claim
I submitted a claim for PPI on my business account, I closed down in 2003, however \\i gave them bank account number, and business address, claim was submitted on 23 aug 2019 despite severalphone call to them I have still not had any offer from them
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When to complete a R40 tax form?
I was lucky to receive a PPI pay out, on which I have paid £780 tax - I see that you can "earn" £1000 interest before you need to pay tax and therefore it was suggested to me that I could reclaim some if not all of this back. But surely I have paid tax on £3903 interest awarded and therefore cannot claim any thing back?…