We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
PPI Tax reclaim on Previous Self assessment
Options
kjw5555
Posts: 5 Forumite
Hi
I am able to reclaim back PPI Tax deducted on my 17/18 return. Does anyone know which section this has to be added to on the return please?
I am able to reclaim back PPI Tax deducted on my 17/18 return. Does anyone know which section this has to be added to on the return please?
0
Comments
-
You are only taxed on the interest element of the PPI refund by the way
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
0 -
Do you mean you have already filed an incorrect return by omitting the taxable interest received as part of the PPI payout?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.1K Mortgages, Homes & Bills
- 177K Life & Family
- 257.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards