Is interest payable on backpayment?

fosswire

Hi everyone

If someone wins a case with the CSA and is awarded a payment of £3000 from 10 years ago, will they also get interest on that as really the £3000 has been "sitting" in someone's bank account for 10 years instead of the winning claimant's bank account.

To add a further information to this:
1) The absent husband had the £3000 deducted properly from his wages by his company.

2) The company did not had the money over to the CSA

3) The CSA have accepted they should have made sure they received the money and passed it onto the claimant. And so after all the appeals, CSA have agreed THEY will pay the £3000

4) The company has now gone bankrupt and so can't pay the original £3000

So my question again. Can interest on £3000 for 10 years be likely given that the company can no longer pay it, and if so how much would it be over 10 years.

Just asking for a friend as she wants to know if the amount of interest is worth the hassle of going through some procedure to claim it.

Poppie68

No interest has been acculamated on the £3000 to pass on even if interest was payable...The £3000 actually deducted from the NRP hasn't been sat in any bank account, the PWC has now been made whole from the goverment coffers who also didn't have the NRP's £3000 sat in their bank account, so nobody has gathered interest to pass on.

EDIT: When the company went bankrupt, did the NRP register as a creditor? He might of been able to claim the £3000 back from the companies assests.