Is there a cap on fees?

geordieordie

I claimed ppi just before the cap on law firm charges was imposed. I’ve been contacted by same firm, who have said they will claim tax back on my behalf. They will be charging 45% in total. Is there no cap on this?

SonOf

There is no cap on the total amount for contracts entered prior to the 20% cap.

geordieordie

Does that include new claims for repayment of the tax paid on ppi?

-taff

Are you saying there is a claims firm who are going to charge you to claim back the taxed element of you original complaint? Because if you are, you are about to get stiffed twice.

geordieordie

They rang to say they could handle it all, for 45% fee, I am looking into doing it myself, as they had nearly £10000 off my for getting my PPI !

[Deleted User]

To be fair to them, stamps aren't cheap these days.

Dazed_and_C0nfused

geordieordie said:

They rang to say they could handle it all, for 45% fee, I am looking into doing it myself, as they had nearly £10000 off my for getting my PPI !

Where will they get all the information to be able to make a tax refund claim?

From you, just like with the original PPI claim.

And if you had to pay them £10k chances are that you might owe HMRC something not them owe you.  Will this company pay 45% of any tax bill you might get?

geordieordie

Thanks, D&C, I need to check that out 

-taff

Do not use them. You can reclaim any tax yourself by going to the website and filling out their form. It is FREE.