Claiming Back the Tax on Your Packaged Bank Account (PBA) Payouts
If you have had a successful claim for a mis-sold Packaged Bank Account (PBA) since April 2018, you could be entitled to a rebate from HM Revenue & Customs. Check NOW whether you are eligible!
How Much Can I Claim?
If you have had a successful claim from your lender(s) for Mis-Sold Packaged Bank Account (PBA) since April 2018, there is a high chance that you are entitled to a rebate from HM Revenue & Customs for the income tax deducted by your lender.
Am I Eligible?
Your eligibility for a Packaged Bank Account (PBA) Tax Rebate is based around your income in the year you received the compensation, as well as how much compensation you received and your personal circumstances. It is however highly likely that you are entitled to a rebate.
How Does It Work?
To benefit from a Packaged Bank Account (PBA) Tax Rebate, an application must be made to HM Revenue & Customs – following which your claim will be reviewed by a HMRC officer to ascertain your eligibility. These claims can be processed quickly and easily online via the Rebate Gateway.