We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.8K Work, Benefits & Business
- 600.3K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards