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HMRC do i owe them money ....
jasperuk
Posts: 3 Newbie
I have a successful claim for PPI and the money is on its way but what i want to know is how do i go about sorting out HMRC ???
I have been told i owe money on the interest but i dont know how much that would be on a £6000 payout ????
Also i have more PPI claims in the pipe line should i wait and see how much i get in total from everyone before i contact HMRC ???
Cheers
Gavin
I have been told i owe money on the interest but i dont know how much that would be on a £6000 payout ????
Also i have more PPI claims in the pipe line should i wait and see how much i get in total from everyone before i contact HMRC ???
Cheers
Gavin
0
Comments
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Have a look at this MSE article . I found it useful when I heard about the tax element after I got my settlement.
You're only liable for tax on the 8% additional interest awarded on the compensation.0
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