Martin Lewis
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kappachino10kappachino10 Forumite
39 Posts
in Reclaiming mortgage fees, council tax, etc
Hi all :) Has anyone has any success with claiming their tax back from PPI? My total amount is about £600 so far, already filled one R40 in for one claim but curious as to any successes/failures? Thanks :)
You only get one life - but if you live it properly - it's enough! :rotfl:

Replies

  • [Deleted User][Deleted User]
    0 Posts
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Newbie
    Many have had success.

    Hopefully that has satisfied your curiosity.
  • NasqueronNasqueron Forumite
    7.7K Posts
    It's hardly a matter of success (or indeed, failure) - you are legally allowed (as a lower rate tax payer) to earn £1000 in interest a year before tax. If you are taxed on the interest element of the PPI refund and have not exceeded your limit you are allowed to reclaim it, if you are over the limit you will not be allowed to.
    “the concept of a United States of Europe is right.” Winston Churchill 1930
    “I think that the Government are right to apply to join the European Economic Community...” -Winston Churchill 1961
    “The future of Europe if Britain were to be excluded is black indeed.”[FONT=&quot][FONT=&quot][FONT=&quot] - Winston Churchill 1963
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  • kappachino10kappachino10 Forumite
    39 Posts
    Thank you nasqueron - forgive me for sounding dense but have never been great with taxes etc. I pay tax at the lower rate, work full time and have no savings. So do you think I'll get it back or not?
    You only get one life - but if you live it properly - it's enough! :rotfl:
  • NasqueronNasqueron Forumite
    7.7K Posts
    kappachino10 wrote: »
    Thank you nasqueron - forgive me for sounding dense but have never been great with taxes etc. I pay tax at the lower rate, work full time and have no savings. So do you think I'll get it back or not?

    Assuming you have not earned any interest, which it sounds like you haven't, then yes you will, as and well HMRC get on with it - like blood out of a stone sometimes
    “the concept of a United States of Europe is right.” Winston Churchill 1930
    “I think that the Government are right to apply to join the European Economic Community...” -Winston Churchill 1961
    “The future of Europe if Britain were to be excluded is black indeed.”[FONT=&quot][FONT=&quot][FONT=&quot] - Winston Churchill 1963
    [/FONT][/FONT][/FONT]
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