PPI interest claim back suucessful now HRMC saying I owe them

heather66

I successfully claimed back  the tax on my two PPI claims from 2019  the PPi was around £5000 in total  tax refunded was less than £500.

i claimed  Carers allowance which was about £65 a week which was also taxable

but both together were nowhere near £12.500 yet when i checked online it says i owe £179 for the year 2019/2020

MovingForwards

What figure did you put, the interest and PPI refund?

Dazed_and_C0nfused

PPI refunds aren't taxable and do not have tax deducted.

If you told HMRC about the PPI refund you have seriously wrong.

Statutory interest paid alongside the PPI refund is taxable and does have tax deducted.

What exactly did you declare on the R40?

heather66

I put the tax paid  which is round about the figure they refunded me i didn't give the full details of ammount of PPI payout

heather66

i put the gross interest / tax  / net interest paid

dunstonh

What figures did you declare?