News That Matters

Tag: refund

‘Our flight refund battle for mum who can barely walk’

‘Our flight refund battle for mum who can barely walk’

Business
Clare D'AgnostinoAn elderly grandmother who can "barely walk" has finally been sent a refund - a year after her flight was cancelled.Veronica Brown, aged 85, had hoped to visit her son and grandchildren in Munich last Easter, until Covid restrictions put an end to her plans.Her daughter Clare D'Agostino said, with little prospect of rearranging, there was "no way on earth" they would have chosen a voucher over a refund.But they were sent one anyway, until the BBC followed up the case.Pointless voucherMrs Brown visited her family in Germany as much as she could. In her advancing years, her daughter Clare booked her flights for her. The Easter trip was booked via Expedia, but then the Covid crisis intervened, and all such travel halted.For a variety of reasons including an apparent disagreem...

Got a scary letter from the IRS, threatening to seize your refund? How to proceed

Finance
SDI Productions | E+ | Getty ImagesSome taxpayers are just now receiving a scary letter from the IRS: a warning that the federal taxman will seize their state income tax refund.As recently as this fall, the IRS has issued a so-called "notice of intent to levy" to taxpayers with an outstanding balance.The letter warns recipients that if they don't pay the amount due immediately, the agency will seize their state income tax refund and apply them to the balance owed.From there, the IRS can crank up the heat. The notice also warns that the agency can levy rights to property, including wages, bank accounts, Social Security benefits and personal assets.More from Smart Tax Planning:Five steps business owners can take to trim their taxesYou have just a few weeks to spend down these tax-advantaged ...
India’s top court orders airlines to refund bookings during coronavirus lockdown

India’s top court orders airlines to refund bookings during coronavirus lockdown

Finance
NEW DELHI: India's top court on Friday ordered airlines to refund passengers who were forced to cancel tickets booked during a two-month, nationwide lockdown to stop the spread of the novel coronavirus. The Supreme Court told airlines to refund the money within three weeks in a decision that will add to the burden on cash-strapped Indian carriers whose revenues have been hit by coronavirus restrictions on air travel. The lockdown, imposed on March 25, banned domestic and international travel, closed factories, schools, offices and all shops other than those supplying essential services. It caused extensive economic disruption and measures were eased from May as the virus was still spreading. Indian airlines, including Vistara, a joint venture between Tata Sons and Singapore Airlines, IndiG...

Tuition refund deadline approaches at many colleges — here’s what happens next

Finance
The possibility of more campus closures has sparked a sudden interest in withdrawing from college before it's too late."All of us are counting down to the tuition deadline," said Carla Voight, 20, a junior at the University of Michigan in Ann Arbor, referring to the last day students are eligible for some reimbursement if they leave school.She worries that after that point, her classmates will be hard-pressed to get any money back, even if the campus closes and they are sent home. Depending on when a student withdraws during a semester, a school's refund policy may reimburse a significant amount — specifically, if it's within the first month or so of the semester, although it varies by school.More from Personal Finance:Students argue distance learning should cost lessColleges pass Cov
O2 sends surprise refund cheques after 15 years

O2 sends surprise refund cheques after 15 years

Technology
Mobile network O2 has been sending some of its former customers refunds, 15 years after the end of their contracts.Several people posted on Twitter that they had received a letter and cheque from parent company Telefonica stating: "You've got a refund."Some were suspicious that the letter was sent by cyber-fraudsters.But O2 confirmed that it had sent cheques to a group of people who were over-charged more than 10 years ago - with interest. "We identified a billing issue which meant some customers were charged twice on their final bill before leaving O2. We have been contacting those affected to apologise and send their refund," the company said in a statement.One customer said they had been offer...