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Have I been paid the right interest?
blossomhill_2
Posts: 1,923 Forumite
Hi
I put £3200 a 1 yr fixed rate acct @ 2.40%net 3.00%gross at end of Sept 2011 - it has paid me back £3276.80 on maturity, I am basic rate tax payer
Has it paid out the right amount?
Many thanks
BH
I put £3200 a 1 yr fixed rate acct @ 2.40%net 3.00%gross at end of Sept 2011 - it has paid me back £3276.80 on maturity, I am basic rate tax payer
Has it paid out the right amount?
Many thanks
BH
You never know how far-reaching something good, that you may do or say today, may affect the lives of others tomorrow
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Comments
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That's what I make it too, with interest paid net of tax.
I haven't bogged off yet, and I ain't no babe
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Yes, spot on.
£3200 x 1.024 = £3276.800 -
Many thanks - it didn't match (ie was less than) the notes I had on the original paperwork which I what I think I was told on the phoneYou never know how far-reaching something good, that you may do or say today, may affect the lives of others tomorrow0
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what did you expect it to pay?0
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Are you a taxpayer? If you aren't you should have filled in an R85 form so you'd have got your interest gross. I haven't bogged off yet, and I ain't no babe
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From the first post...Bogof_Babe wrote: »Are you a taxpayer? If you aren't you should have filled in an R85 form so you'd have got your interest gross.blossomhill wrote: »I am basic rate tax payer0 -
...... This discussion has been closed.
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