Finally Debt Free After 34 Years, But Still Need to Live Frugally

24ta

De lurking to say congratulations on the PPI

teafor2

Morning HHD. How did I miss the exciting PPI news. I am late to so many parties it's unbelievable :rotfl: Anyway FANTASTIC news :T I bet you feel like you're walking on cloud 9 don't you. Fingers crossed even more will come your way in the future. Well done and have a great day xx

badmemory

I go away for the weekend & come back to pages & pages of your great PPI news. And then I think oh no the bookkeeper in me needs to says something - not going to cost you a penny honest. Don't forget to tell your accountant about the interest. It isn't tax free (well it is really but this is HMRC we are talking about) it is taxed at 0%. So it needs to be counted as income from interest. Obviously this only applies if the accountant deals with your income too.

[Deleted User]

HairyHandofDartmoor wrote: »

There are some rude people on the PPI reclaiming forum . This is why I never usually stray from DFW.

Boo to the rudeness of people, I too never tend to stray away from this side too.

Congratulations on the refund, how exciting xx

Munchin

Very late to the party but congratulations on the PPI pay out, really pleased for you :j

tryingtodobetter

Delurking to say congratulations on the PPI :j So pleased for you :j:j

taka

Congratulations on the PPI payout! :j:beer::T:beer::j

HairyHandofDartmoor

24ta wrote: »

De lurking to say congratulations on the PPI

Thanks 24ra and thanks for delurking .

teafor2 wrote: »

Morning HHD. How did I miss the exciting PPI news. I am late to so many parties it's unbelievable :rotfl: Anyway FANTASTIC news :T I bet you feel like you're walking on cloud 9 don't you. Fingers crossed even more will come your way in the future. Well done and have a great day xx

Thanks TF2 . I only got the letter on Saturday so you're not that late to the party . It is such exciting news and I still can't quite believe it .

Deleted_User wrote: »

Boo to the rudeness of people, I too never tend to stray away from this side too.

Congratulations on the refund, how exciting xx

Thanks Purplemum . People are never (almost never) rude on DFW which is why I never want to leave .

HairyHandofDartmoor

badmemory wrote: »

I go away for the weekend & come back to pages & pages of your great PPI news. And then I think oh no the bookkeeper in me needs to says something - not going to cost you a penny honest. Don't forget to tell your accountant about the interest. It isn't tax free (well it is really but this is HMRC we are talking about) it is taxed at 0%. So it needs to be counted as income from interest. Obviously this only applies if the accountant deals with your income too.

Thanks Badmemory and thanks for the info about tax .

I only got the letter on Saturday and then discovered the money had been in my account for three days and I hadn't even noticed .

B@rclaycard deducted 20% off the statutory compensation for tax. So it's possible I may get the tax back if DH and I earnt under the tax threshold this year, which is entirely possible. If I get the tax back it will be another £500 :T.

I'll definitely show the letter to our accountants and they can work out what needs to be done .

HairyHandofDartmoor

Munchin wrote: »

Very late to the party but congratulations on the PPI pay out, really pleased for you :j

Thanks Munchin . You're not that late to the party because I only found out on Saturday .

tryingtodobetter wrote: »

Delurking to say congratulations on the PPI :j So pleased for you :j:j

Thanks for delurking Tryingtodobetter .

taka wrote: »

Congratulations on the PPI payout! :j:beer::T:beer::j

Thanks Taka .