Ready, steady… save!
You don’t need a chart to join in. Here are 2 ways to record your savings:
1. Cross it off
Pop a chart into your first post. Saved an amount? Cross it out! Read more »
£0.01 £0.02 £0.03
2. Write it down
Skip the chart and add updates to your first post. Read more »
“Another +£3 saved today. Go me!”
Use +£ before each new saving so it counts towards your total.
📨 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 and tax Deceased
jasoncampbell3
Posts: 2
Newbie
I am currently in process of claiming PPI refund for my deceased mother. Can I claim any tax back?
0
Comments
-
If the complaint is upheld and tax is deducted from the statutory interest, you can reclaim it. However, you may then need to pay inheritance tax on it as it forms part of her estate.0
-
Thank you.0
-
jasoncampbell3 said:I am currently in process of claiming PPI refund for my deceased mother. Can I claim any tax back?
No, you won't be able to claim the tax back. As it is income received in the period after death the 20% tax deducted is correct.1
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.9K Banking & Borrowing
- 255K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606.1K Mortgages, Homes & Bills
- 179.1K Life & Family
- 264K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards