CO-OP Visa Credit Card PPI help please

[dx100uk]

yea easy

but you'll lose you auto log-in on sites

so you'll need to remember usernames and passwords..

 

 

tools

internet option

advanced

reset

tick the box

ok

 

 

then close and restart IE.

 

 

dx

[Baz1994]

yea easy

but you'll lose you auto log-in on sites

so you'll need to remember usernames and passwords..

 

 

tools

internet option

advanced

reset

tick the box

ok

 

 

then close and restart IE.

 

 

dx

 

Cheers dx will give it a go in a min

[Baz1994]

Lol dx don't know what I did but seems all ok now.

[dx100uk]

ok we'll look later

 

 

dx

[Baz1994]

ok we'll look later

 

 

dx

 

dx also see attached current charges refund and 2012 redress letter.

 

Cheers

[Baz1994]

Sorry can any CAG experts kindly have a look at figures and application of tax. Does it look correct ?

 

Cheers

[dx100uk]

as far as I know

they can only charge you 20% tax on the 8% so that's 20% of the 297 figure

 

 

they are wrong.

 

 

dx

[Baz1994]

as far as I know

they can only charge you 20% tax on the 8% so that's 20% of the 297 figure

 

 

they are wrong.

 

 

dx

 

That's what was confusing me dx

 

So they have also applied 20% tax to all other interest ?

 

Sorry to ask but based on the gross figures provided what should the net figure be with the correct tax deducted ?

 

Cheers

[dx100uk]

whatever 8% payment they are giving you

work out 1/5th [20%] of that.

 

 

dx

[Baz1994]

whatever 8% payment they are giving you

work out 1/5th [20%] of that.

 

 

dx

 

Cheers dx I am ok with that but they have taxed me on the 8% interest figure of £1,106.36 ? Is that the same as simple or should it have been at credit card rate ?

 

Sorry totally confused as to how they have calculated and presented figures as I will need to respond with correct figures somehow and may need your kind assistance in re-presenting.

[ims21]

Looks to me like they have set out the redress correctly.

 

Your total 8% interest is £50.48 + £1,055.88 + £297.20 = £1,403.56.

 

Tax at 20% on that figure is £280.71 which they have shown on the correspondence.

 

Tax has not been deducted on the contractual interest part of the redress.

[Baz1994]

Looks to me like they have set out the redress correctly.

 

Your total 8% interest is £50.48 + £1,055.88 + £297.20 = £1,403.56.

 

Tax at 20% on that figure is £280.71 which they have shown on the correspondence.

 

Tax has not been deducted on the contractual interest part of the redress.

 

Cheers again dx much appreciated.

 

So all seems ok to accept on the presentation ?

[ims21]

Cheers again dx much appreciated.

 

So all seems ok to accept on the presentation ?

 

If you agree the base figures then yes.

[Baz1994]

If you agree the base figures then yes.

 

I do dx, it was just I wasn't sure about the tax deduction application.

 

Cheers and thank-you again.

[dx100uk]

no that's my saviour not me.....

 

 

dx