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overpaid? What do you guys think of British Law?

my ex company has paid me twice - each month - since I left, I am looking happily towards the next payment...or SHOULD I TELL THEM?

18 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    When they find out which they will you will have to pay it back

  • 1 decade ago

    You better be careful and not splash it out. I work in a non-profit in London, and we had a case when a person was overpaid. The person had to pay back as there was no legal base for paying him/her the excess. If it's a commercial enterprise, they will be more cautions than Non-profit.

    Please be careful, and don't run yourself in am awkward situation.

    If it is legal, then - good luck!. Call HMRC and ask them a/ the procedure.

    N.B. It's not the British system, it's the payroll specialist who didn't change your status as not active.

    Hope everything will turn well for you.

  • dave t
    Lv 4
    1 decade ago

    Under the 2006 fraud act you can commit a fraud by NOT doing something.

    So by NOT telling the company you are, in the eyes of the law, stealing the money.

  • 1 decade ago

    Legally if you "dishonestly" "assume the rights of the owner" to money you know is not rightly yours then that is theft.

    In simply terms that means that the moment you spend the money, knowing it is not rightly yours, even if they have paid it in error, then you commit theft.

    Best solution, tell them in writing to stop paying the excess money and don't spend it, it's not yours to spend.

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  • Anonymous
    1 decade ago

    The law is an ***! By the way keep all the extra money just incase you have to pay it back.

  • 1 decade ago

    A friend of mine left a company (IBM) who carried on paying him for TEN months, despite repeated attempts to get them to stop.

    I'd stick the money into a "high-interest" (ho, ho, ho) deposit account until they ask for it back. I don't believe that they're entitled to any interest you earn on it :-)

  • Anonymous
    1 decade ago

    well once being part of the british law im sure you will understand you will have to pay it back when they realise.

  • Anonymous
    1 decade ago

    Do not tell them and deny all knowledge if they contact you.

    They are legally entitled to recover the money however...so have a route to disappear by if you intend to keep the dosh.

  • 1 decade ago

    as tempting as it is,they will catch up with you and demand it back,even if you have to pay in instalments,unless your thinking of leaving the country,then they will probably write it off

  • 1 decade ago

    You will need to pay it back when they realise so I wouldn't be too hasty to spend it

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