📨 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 reclaim help!

Hi, I’m wanting to reclaim my PPI tax by completing an R40 form. 
Can anyone help as I’m not sure what amounts to put in the boxes! (3.1, 3.2, 3.3). 

This is my letter I received, which amounts go in which boxes? 


Comments

  • The gross interest is £580

    The tax deducted is £116

    The net interest is the gross amount less the tax.

    You don't include the PPI refund itself on the R40 as that isn't taxable income.
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
  • 351.4K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.4K 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.