PPI TAX REFUND
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Dazoole
Posts: 1 Newbie
I read up on applying for tax refunding, I made my application on Gov.co.uk, I now have 4 tax bills for over £15000 worth of PPI, because I'm already paying 40% on my salary I have no chance of a refund but need to pay an extra 20% tax on what I received in PPI claims.
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Comments
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Ok. What’s your question?
(It sounds like you’ve not read up enough/properly and made a balls up. That or you’ve had astronomical amounts of redress?)helpful tips
it's spelt d-e-f-i-n-i-t-e-l-y
there - 'in or at that place'
their - 'owned by them'
they're - 'they are'
it's bought not brought (i just bought my chicken a suit from that new shop for £6.34)0 -
PPI refunds aren't taxable and don't have tax deducted from them.
What exactly have you notified HMRC of?0 -
I claimed PPI refund for my deceased father in 2019 - the refund cheque was in my name as my father was deceased. Can I claim the tax back on this?0
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Ginette39 said:I claimed PPI refund for my deceased father in 2019 - the refund cheque was in my name as my father was deceased. Can I claim the tax back on this?0
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