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ppi repayment, tax
wik
Posts: 575 Forumite
Hi all. I hope this is the right place to ask! I have just found out that i am to get some money back from ppi - i am in an IVA and they did all the leg work for me! and seems I am to get approx £6 K back from the 8% interest thing! Sorry to sound vague, but I dont really understand it all 
Will this money effect my working tax and child tax credits? I only work 16.5 hours a week and am worried as I am on a tight budget just now.
wik x
Will this money effect my working tax and child tax credits? I only work 16.5 hours a week and am worried as I am on a tight budget just now.
wik x
"Aunty C McB-Wik"
"Life should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways - Chardonnay in one hand - chocolate in the other - body thoroughly used up, totally worn out and screaming "WOO HOO, What a Ride!"
"Life should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways - Chardonnay in one hand - chocolate in the other - body thoroughly used up, totally worn out and screaming "WOO HOO, What a Ride!"
0
Comments
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You will have to contact the HMRC and ask them what you can do. It's possible you could pay it in one lump sum...Non me fac calcitrare tuum culi0
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