Back Billing Continued and Tax on Savings
The Department for Work and Pensions asks families to return money it wrongly paid to people who've died, and what are the rules when it comes to paying tax on savings interest?
The Chair of the House of Commons Energy Security Committee has told Money Box that the behaviour of the energy firms is "outrageous" following our investigation into so called back-billing. That's when energy firms send out a new bill for gas or electricity which was used more than 12 months before. Last week we reported that thousands of people have complained that is still going on.
Energy UK, which speaks for the big suppliers said if customers think they are being asked to pay for energy covered by the back-billing policy, they should contact their supplier as soon as possible to resolve the complaint quickly and efficiently.
The Department for Work and Pensions asks executors and families to repay state pensions it has sent to people who have already died. It says it asks for it back to protect public funds, but do you have to pay?
And high interest rates means more people paying tax on interest savings, but how do you know and what are the rules?
Presenter: Paul Lewis
Reporter: Dan Whitworth
Researchers: Jo Krasner and Eimear Devlin
Editor: Sarah Rogers
(First broadcast 12pm Saturday 8th February 2025)
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