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hi everyone back with a new prob I got back all my claims but one from Barclays I went through a claims company who sent me six forms to fill in loan details ect and a contract to sign I noticed that there was no mention of there charges so I rang them to be told 30 percent including vat im now being charged 25 percent plus vat I have not recived any t/c nor did they tell me I would have 20 tax taken off I have spoken to them last week about this they said the same as the invoice I have not heared from them since but expect to soon any advice thanks
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Re: ppi claims company
Hi and welcome,
Think we need a bit more information to be able to help you in any way. Did you sign the contract ?.
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Re: ppi claims company
yes but only after the phone call of which they quoted 30 percent and i dont have in writeing i didnt expect to have any probs thanksOriginally posted by enaid View PostComment
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Re: ppi claims company
What is the name of the CC?Comment
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Re: ppi claims company
hidenda castle donningtonComment
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Re: ppi claims company
HIDENDAComment
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Re: ppi claims company
This from their web site
How Much Will It Cost Me?
We operate on a No Win No Fee basis* and won’t charge you a penny unless we win your claim. If we do win your claim our fees are 25% plus VAT and this will be payable from the amount we win.
What will I owe tax on?
PPI payouts are usually formed from three elements.
The first two constitute the compensation. They are:
- A refund of the premiums paid
- Interest you have paid on the premium
The third part is additional interest on the compensation at 8% per annum (not compounded, so no interest on interest). It is this part that is taxed.
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Re: ppi claims company
You were told 30%.
25% + VAT is 30%.
Not sure what the issue is?Comment
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