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Can you claim tax back

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Do I read somewhere that you can claim tax back on ppi? Had successful ppi claim on secured loan some time ago and was wondering if I can claim tax back on it also?

BR as of 14/1/2009
Discharged Oct 2009
BC 24

Replies

  • zx81zx81 Forumite
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    You can reclaim the income tax element if you were under the threshold.

    Or of course, pay more, if you're a higher rate payer.
  • dunstonhdunstonh Forumite
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    And only if the interest was paid in a year after the personal savings allowance was introduced.
    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.
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