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PPI Claim And Self Assessmet TAX YOU PAY
shammon
Posts: 7 Forumite
Hi,
To quickly update I was one of the lucky ones who managed to reclaim all my PPI on six Clydesdale Bank loans in Sept 2012 after nearly two years, I had to eventualy email the cheif Ex of the bank to get it finaly sorted, so much hassle.
So .... He I was getting a refund of a fair bit of cash, I did my checking and after paying the PPi company there cut I updated the Tax Man so to speak (HMRC) i paid them there cut as I knew I would owe tax on some of the PPI.
NOW....as I had to pay this tax on line and only way was to do complete a full self assessment tax application which i was not happy about I did and it was all sorted.....Well thats uintil now Im yet again being asked to now to AGAIN complete a full self assessment of my income despite working for 20 years and paying tax PAYE of my wages....:mad:
Has anyone else had this issue? Ive written to them stating they take me off this as it was a one of issue and I should not be on self assessmet as not self employed etc... What a farce this is totaly. as yet no reply so be warry they will come back wanting more and more information...
To quickly update I was one of the lucky ones who managed to reclaim all my PPI on six Clydesdale Bank loans in Sept 2012 after nearly two years, I had to eventualy email the cheif Ex of the bank to get it finaly sorted, so much hassle.
So .... He I was getting a refund of a fair bit of cash, I did my checking and after paying the PPi company there cut I updated the Tax Man so to speak (HMRC) i paid them there cut as I knew I would owe tax on some of the PPI.
NOW....as I had to pay this tax on line and only way was to do complete a full self assessment tax application which i was not happy about I did and it was all sorted.....Well thats uintil now Im yet again being asked to now to AGAIN complete a full self assessment of my income despite working for 20 years and paying tax PAYE of my wages....:mad:
Has anyone else had this issue? Ive written to them stating they take me off this as it was a one of issue and I should not be on self assessmet as not self employed etc... What a farce this is totaly. as yet no reply so be warry they will come back wanting more and more information...
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Comments
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Hi, could anyone offer any advice please. Bank has offered a sum to the FOS which which think is acceptable. They have stated that they will e mail the bank asking if they can make this offer to us. Is this a normal procedure and will we get the amount they have suggested to FOS? Many thanks.0
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Just to update the tax office did finaly get back and agree that I should not be on self assessment. It looks like an automatic system in place tags you if you have been on self assessmet for what ever reason. Job done:money:0
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you need to start your own postHi, could anyone offer any advice please. Bank has offered a sum to the FOS which which think is acceptable. They have stated that they will e mail the bank asking if they can make this offer to us. Is this a normal procedure and will we get the amount they have suggested to FOS? Many thanks.0
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