Heres hoping today's your day!

Well the next Batch is anticipated to be much larger than current, hopefully more here will be in the next Batch.

SFA here! Starting to get worried because I've been picking up a few toys here and there anticipating the cheque. LOL

Dove96, can you say if your cheque was certified ?

And another one that starts with "B".

Another vet on Facebook has received their retro, last name S.

Nav on the phone with Sisip again ~

sparrow

Tis beer thirty here on Lancaster Bay,

Stay thirsty my friends!

Thanks Dove, the bottom line approx 64% of full amount will help many figure +/- what they net will be. Nav, you were correct when you said Peter said approx 60% take home....

bigrex wrote:Dove, thanks for the info, but please tell us, what is the percentage of the final amount versus the gross amount after interest.

Ok...Please do not quote or beat me up if this is wrong. I added and subtracted.

The "Full amount" is: Retro (Gross offset amount) plus the tax adjustment (Tax gross up) plus the interest on Gross offset.
The money in my bank account is what I received. (withholdings for taxes, payment of legal fees etc.)
I received approx. 64% of the "full amount".

I am surprised the lawyers fee is 8% of the Gross - no nice

Dove96, can you say if the cheque is certified.

I can say that the lawyers fees are 8% of the retro (Gross offset amount) plus the tax adjustment (Tax gross up) plus the interest on Gross offset.

Sorry bigrex just a lucky person with a cheque. My Dad is the accountant of the family.
I will wait for the next lucky person to get a cheque and maybe they can figure out the rest of the numbers. I tried to explain some stuff elsewhere and I am not having much luck. Too many numbers and I do not wish to scan and post my paperwork.

30% taxes seems excessive? Am I wrong?