PPI and tax Deceased 6 March 2020 at 2:47PM in Reclaim PPI & other insurance 3 replies 41 views

jasoncampbell3

I am currently in process of claiming PPI refund for my deceased mother. Can I claim any tax back? 

[Deleted User]

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.

jasoncampbell3

Thank you. 

Dazed_and_C0nfused

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.