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MSE News: CPP reclaims: Cheques for big money being sent NOW

2

Comments

  • kellyb53
    kellyb53 Posts: 2 Newbie
    I am new to the forum, so not really sure what I am doing. I have received a cheque for £77.30 from CPP. Why do I have to pay 20% tax?
  • [Deleted User]
    [Deleted User] Posts: 26,612 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper Photogenic
    kellyb53 wrote: »
    Why do I have to pay 20% tax?
    Only the interest is a taxable amount.
    If you are not a tax-payer, then you can apply for a refund of this (small) sum from HMRC.
  • Kennel
    Kennel Posts: 3 Newbie
    Mine came today - £107.62 which is what it cost!
  • triple_choc_chip
    triple_choc_chip Posts: 1,139 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Xmas Saver!
    £97.50 just in time for my birthday - thankyou very much :)

    I still don't know who was responsible but i'm assuming it was egg, I reclaimed ppi from them too.
    Debt Free 🍾 since 6.8.13 £31,997
    Saving for 🎄 🎁 2025 £460/£800 57%
    6 mth 🆘 fund £6k
    Mortgage offset fund £24.7k/£40.3k 61.3%
    It turns out the answer to my problems wasn’t at the bottom of this tub of ice-cream, 🍨 but the important thing is that I tried...
  • BabazaSky
    BabazaSky Posts: 47 Forumite
    Received a cheque for £247, thanks MSE for bringing it to my attention.
    Wins, so far:
    Tesco Finest Hamper & £100 voucher

    Many Thanks to all who post competitions :beer:
  • wxmgirl
    wxmgirl Posts: 1 Newbie
    I had a form and filled it in and thought no more about it...had a cheque for nearly £50 back which is a right little bonus...as I didnt even remember having the policy!
  • little_sweetie
    little_sweetie Posts: 948 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    I used Martin's template to help fill in OH's form and he has just received a cheque for over £90 which is a year's fee plus 8% interest. We wouldn't have got an 8% return in a bank! Many thanks Martin & the team :kisses3: The cash will come in very handy :money:
    Sealed Pot Challenge #012
    SPC #5 £111 SPC #6 £175 SPC #7 £151 SPC#8 £78 SPC#9 £72.50 SPC #10 £23.50 SPC #11 £276.18
    SPC #12 £108.56 SPC 13 £127.89 SPC 14 £113.62
  • Miss_Foxy
    Miss_Foxy Posts: 1 Newbie
    Thank you so much for the advice on this site. I've received nearly £1,000 CPP refund - so pleased !!
  • Winne2014
    Winne2014 Posts: 1 Newbie
    Thank you for your tips and encouragement Martin. I posted the forms to CPP a month ago and got a cheque for £680 yesterday!:j
  • Truffles101
    Truffles101 Posts: 2 Newbie
    Hi just received a cheque today for £463 pounds from CPP well worth the two year wait now going after Next retail for my money for the payment protection .
    yippee:j
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