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Help with tax on ppi refund

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LadyCoupon

LadyCoupon Posts: 718 Forumite

Part of the Furniture

Name Dropper

23 June 2012 at 2:39PM edited 14 June 2013 at 6:38PM in Reclaim PPI & other insurance

Afternoon everyone.

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Comments

McKneff Posts: 38,857 Forumite

23 June 2012 at 2:41PM

It depends if you are a tax payer or not.

If you are a tax payer then the amount would be 20% of £1800 which is £360

make the most of it, we are only here for the weekend.
and we will never, ever return.
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amersall Posts: 17,035 Forumite

23 June 2012 at 7:39PM

Make sure the bank have not already taken this tax from your redress, as some do this, if they have the 8% will show as net.

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