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By FelixFelix · Posted
I am guessing at a link to PPI as HMRC won't send my anything pertaining to the investigation in writing although I've asked for it. This matter is already supposed to have been investigated by HMRC so this is all post investigation and I've been told to cash both cheques on the phone today. I recieved two tax calculations form HMRC both saying the tax repayment was from Savings Income, the amount on both these calculations is actually slightly different to the amounts on the corrosponding cheques, just a few pounds out. As you can no doubt tell I did not recieve a huge amount of savings income / or interest from my savings more like £2 as opposed to £2500! The only thing it could be is PPI, if it isn't that then it must be an error. However HMRC have already investigated this and the outcome is that the money is mine? Why would they make another error like this after investigation? Are HMRC that incompetent? Was the call handler who was taking my call and put me on hold to look at my case just too lazy / busy to actually check? I feel like they are putting me in a bad position by not properly explaining the outcome of the investigation by sending a letter. Obviously I don't want to take or spend money I'm not entitled to but at the same time don't want to not get it if it is due to me. @Ethel Street , I have not cashed either cheque yet so probably would have to request a replacement for the November Cheque now. -
By Ethel Street · Posted
Re-reading your post I'm not clear whether you have cashed either of the cheques yet. Normally HMRC cheques are only valid for 6 months from the date of issue (the date on the cheque). If you haven't paid them into your bank yet the one you got last November may already have gone out of date. If it isn't out of date yet pay it to your account quickly. If it has gone out of date you'll need to contact the taxes helpline to get a replacement cheque sent. 0300 200 3300 -
Go back 1 page scroll down to the pinned topics https://www.consumeractiongroup.co.uk/forum/6-barclays-bank/
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By Ethel Street · Posted
So they've calculated that you overpaid tax for the tax years 2019-20 and 2020-21. The two cheques appear to be for different tax years. As well as the cheques they should also send you a tax calculation for each of those years showing how the tax refund has been calculated. Because the tax calculation document and the cheque are sent out by different bits of HMRC I've often had the cheque before I got the tax calculation. Call them and ask if they are sending you the tax calculation. That should tell you exactly how they arrived at the amounts they've sent you cheques for. Incidentally if you are ever discussing your savings with HMRC note that Premium Bond prizes are completely tax free. You also don't have to declare them to HMRC or include them on any income tax return.
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