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Icesave FSCS. Did you get it? Is it all sorted.

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  • k8r4u
    k8r4u Posts: 81 Forumite
    k8r4u wrote: »
    Just opened the cheque this evening, total was slightly less than the 7% I was expecting, I assume this is taking income tax on the interest into account.

    I'll give the FSCS a call to clarify, but anyone else found the same ? Anyone had a tax statement along with the compensation amount ?

    FSCS confirmed that tax had been deducted at 20% (there was still a very slight difference in the final amount due to the time taken for my initial cheque to clear which meant I lost 2-3 days interest), and offered to send me a tax cert. to include with my next tax return.

    All sorted.
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