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ppi commission

papa3

papa3 Posts: 1 Newbie

11 February 2015 at 6:17PM in Reclaim bank & credit card charges

Can a company charge you commission on the tax you pay on ppi?

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Comments

dunstonh Posts: 119,870 Forumite

11 February 2015 at 7:59PM

papa3 wrote: »

Can a company charge you commission on the tax you pay on ppi?

There is no commission. It is a fee. And yes. You pay the charge against the full amount of the redress. Not just the capital element.

I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.

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