📨 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

Hi everyone  last year we received a PPI payment which was tax deducted.  My query is as the payment was made jointly to myself and my husband (as the loan was in joint names) how do we claim back the tax paid do we have to submit separate claims for 50% each or can one of us claim for both of us? Thanks in advance.  BTW Martin Lewis you are brilliant at what you do  and keep up the good work 😊

Comments

  • dunstonh
    dunstonh Posts: 119,888 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Providing the redress was jointly (addressed and paid as) then you can split it 50/50.  
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Thank you 
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.5K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.5K Work, Benefits & Business
  • 599.7K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.