Had a PPI Refund after April 2016? HMRC are paying out £0000s in PPI tax rebates.
BY LAUREN DAVIES
Tax Tips Consultant
12 January 2021 30,976 views
In 2016 the government introduced a new Tax Perk where everyone gets a tax free threshold on interest on savings.
In a nut shell the amount you received for your PPI claim was after tax and the amount you were taxed falls under the interest on savings category, so millions of people have been wrongly deducted tax on their claims.
Find out if you are eligible to claim
Complete our QUICK no hassle, online form today.
On average customers get money back within 6 weeks, so why wouldn’t you want to claim this money back? Worried it might affect some of your other current tax benefits, well this claim is completely separate and wont affect anything. Forgot the details of your PPI claim? All you need to know is roughly how much you got back and what year it was paid to you.
Sounds too good to be true? We get it.
Here’s the thing. Not everyone qualifies, but…
Luckily, the whole process can actually be quick and simple! All you have to do is complete a simple online form and then the rest will be done for you. All you need to do is sit back and wait for your cheque to arrive.
Customers receive refunds of up to £3,000 and on average it only takes 90 seconds to fill out the form, so what are you waiting for?
After all, isn’t up to £3,000 worth 90 seconds of your time to enter some details?