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Tax unclaimed PPI money to help fund the NHS, education and fight homelessness.

Submitted on Wednesday 27th February 2019

Published on Monday 11th March 2019

Current status: Closed

Closed: Wednesday 11th September 2019

Signatures: 71

Tagged with

Education ~ Money ~ NHS ~ Tax

Petition Action

Tax unclaimed PPI money to help fund the NHS, education and fight homelessness.

Petition Details

On the 29th August 2019, the deadline for claiming PPI refunds comes in to effect.

We are petitioning the Government to levy a 100% tax on any unclaimed PPI money after the deadline passes; this money should be used to fund the NHS & education, towards fighting homelessness & official charities.

Additional Information

Approximately £35 Billion has been knowingly set aside (so far) by the banks as owed to their customers, and needs to be claimed by the 29th August 2019.

With potentially Billions of £ to be unclaimed when the deadline passes in just 6 months times, nobody has asked what happens to any unclaimed money after the deadline passes? Do the government or the banks get to keep it?

We believe unclaimed money should be taxed at a 100% rate, and then used to help the NHS, education & fight homelessness.


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