Accountants urge action on mis-sold PPI

Accountants have urged the 70,000 people who were mis-sold payment protection insurance to overcome their apathy and check if they are due a payment before it is too late.

Accountants at taxback.com fear the apathetic nature of some people when it comes to finance means they might miss out on money that is owed to them.

Taxback.com said if the uptake of payment protection insurance was treated by people in the same way they seek to reclaim taxes owed to them, hundreds of thousands of euro will be left in banks that is rightfully owed to people mis-sold payment protection insurance products.