Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

[Angry Cat]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

I know.

It's because you posted it that I quoted it to identify the source of your confusion.

Keep up!

Charming!

Confused customers

Banks have been writing to their customers explaining that they need to contact HMRC themselves to discuss what tax is due on the interest payments. This has left some customers confused.

"This has left some customers confused" [Emphasis Added]

[Angry Cat]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

If you are caught up in this fiasco you could be understood for thinking” Why should we have to pay anything at all?” After all, it’s the customers who were wrongly sold PPI in the first place. Funny how the Government is quick to Latch onto an extra revenue stream…it’s just a shame they weren’t as fast to move in and put a stop to these dodgy dealings earlier: saved millions of people stress and distress!

[EXC]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

Funny how the Government is quick to Latch onto an extra revenue stream…it’s just a shame they weren’t as fast to move in and put a stop to these dodgy dealings earlier

Since when did the Government get involved?

[Bill-K]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

Since when did the Government get involved?

Have I got this right, guys ? The FSA and HMRC have decided that the paltry 8% simple interest awarded as compensation in PPI claims is liable for income tax. Yes/No ?
Please tick the box, if yes...[_]

...and their reasoning is based on the presumption that the claimants would have invested this misappropriated money in savings accounts, or similar investments, had they not been unlawfully deprived of it. Yes/No ?
Please tick the box, if yes...[_]

Yeah, OK., then..., shoot me down EXC, ya bugga !!!

[EXC]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

What I meant was when did the Government put a stop to mis-selling PPI - as it was a combination of the FSA, Competition Commission and the High Court that did that and nothing to do with the Government.

[Bill-K]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

Sorry guys - I thought the discussion was still about the 'appropriation' by Her Majesty's Revenue of some of our paltry 8% compensatory interest.

I guess I missed the 'splice' - where is it ? You're all far too quick for me here !!! :tinysmile_hmm_t2:

So...what's the topic, now, FFS !!! :tinysmile_aha_t:

[EXC]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

Sorry guys - I thought the discussion was still about the 'appropriation' by Her Majesty's Revenue of some of our paltry 8% compensatory interest.:tinysmile_aha_t:

Well it was until another topic (that somehow the ''Government'' was too slow to step in to stop the mis-selling) was introduced and to which I responded.

[Angry Cat]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

As You know, there was a lack of financial regulation under both Blair and Brown...

Gordon Brown, the former Prime Minister, admitted that his approach to the regulation of the financial sector before the banking system crashed was a ‘big mistake’!

Her Majesty's Revenue & Customs.Gov collect taxes for the Government.

Rest assured that the is not another topic, EXC.

[Angry Cat]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

For Clarity just in case you do not understand:
http://www.youtube.com/watch?v=ZyFHeCIz2YU

[EXC]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

I've got my head in my hands.

Do you suffer from dyslexia?

My point was that the ''Government'' never got involved (even belatedly) in stopping the PPI scandal as you suggested they did.

[Bill-K]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

Since when did the Government get involved?

I'm sorry, I misunderstood your question, EXC. In effect, I was agreeing with the point which your question implies, in that the Government indeed did NOT get involved until it saw the revenue stream to which AC referred.

Do you suffer from dyslexia?

No, but I do find it difficult to read words which are not written, or hear words which are not spoken, now you mention it. I'll have to get that checked out !!!

[EXC]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

I'm sorry, I misunderstood your question, EXC.

That's ok I know you did and it's why I qualified it in post #4655.

TBH I often struggle with the meaning of some of your posts and know that others do.

What did you think I meant when I asked ''Since when did the Government get involved?''

That's not a rhetorical question, I'd genuinely be interested to know.

[Bill-K]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

That's ok I know you did and it's why I qualified it in post #4655.
The qualification is most appreciated, sir. I am just so terribly sorry that I didn't have the ESP opportunity to read it before it was posted - and that you consider that to be a disability on my part and/or others.
TBH I often struggle with the meaning of some of your posts and know that others do.
TBH I guess I suffer from the same affliction, EXC, and I know that others do. So - presumably, you also suffer from dyslexia, then ? Personally, I have never thought that those who misunderstood me were dyslexic - and I sincerely hope I have never dispensed such a diagnosis. I don't understand many of your posts - but I MOST CERTAINLY do not consider you as dyslexic because of that - NOR those who have the misfortune to misunderstand your excellent posts.

What did you think I meant when I asked ''Since when did the Government get involved?''

That's not a rhetorical question, I'd genuinely be interested to know.

No problemo, sir. The Government did NOT get involved until the point where I asked you to tick the box. THAT is where the the HMRC agreed with the FSA that the 8% interest was taxable. What's the problem here ? Dyslexia or ESP ? I didn't leave this to the imagination - I made a post with real words !!!

[EXC]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

No probs but just to be clear I didn't consider that you were dyslexic as I thought the question implictly wasn't aimed at you but the author of the previous 2 posts. So rest assured I think you're as bright as a button.

Back to topic, did the HMRC specifically have an agreement with FSA that PPI compensation interest was taxable? I was under the impression that HMRC was just applying their own policy on treating interest as income. But if you're right any agreement should be available under the Freedom of Information Act which might be worth asking for.

[Angry Cat]

Re: Latest Update on PPI Judicial Review - NO APPEAL - get your claims in......

I've got my head in my hands.

Do you suffer from dyslexia?

My point was that the ''Government'' never got involved (even belatedly) in stopping the PPI scandal as you suggested they did.

Clearly, I do not suffer from dyslexia, a stammer or any other unfortunate impairment!

I do however take an extremely dim view about you asking such a question on the worldwide web. Millions of people, including children suffer from various types of dyslexia;
dyslexia does not indicate being short witted, in fact quite to the contrary.

Perhaps, you should take the time to read the Disability Discrimination Act and the Equality Act before you cause any further offence to any other individual.

Finally, I did not suggest that the Government got involved in stopping the PPI scandal.

Please, do NOT put words into my mouth.