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Yes, a company can reclaim mistakenly paid money through legal means such as requesting a refund or pursuing legal action if necessary.

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AnswerBot

5mo ago

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Related Questions

How can I reclaim VAT?

To reclaim VAT, you need to be a registered business that has paid VAT on goods or services. You can reclaim the VAT by submitting a VAT return to the tax authorities, detailing the VAT you have paid and the VAT you have charged. This process allows you to receive a refund for the VAT you have paid.


How can the word reclaim be used in a sentence?

You can then reclaim the tax paid on any gifts in your annual tax return.


Do you have to pay taxes on money being paid back to your employer?

Depends on what the payback is for...if it for an overpayment of wages that were taxed when mistakenly given to you, you would not pay tax on that.


How are commissions and tips alike?

Commission is money paid to a person or a company for making a sale. Tips is a small amount of money received by some service. They are both alike because money is paid to a person or company for their service.


If money intended for you is paid into the wrong bank account what can you do about it?

If someone owes you money but they accidentally paid someone else, then that person still owes you that money. You shouldn't have to do anything about it, since it was not your mistake. The person who made this incorrect payment is free to either ask the person or business entity whom he mistakenly paid to return the money to him, or he can see if the bank would be willing to reverse the transaction.


Can a stop be placed on a cleared check?

A cleared check is one for which the money due by means of the check has already been paid to the payee. So a stop cannot be placed on it because, the funds have already been paid out and the bank cannot reclaim the funds paid out for a check.


What is the gas reimbursements for a company owned vehicle?

The amount of money a person is paid on a company owned vehicle for gas reimbursements will depend on the company. A person could get paid per mile or paid for each trip, no matter how many miles are traveled.


What can a finance company do if you voluntarily give them their car back?

They can keep the money you already paid.


Which term describes the money paid to stockholders when a company makes a profit?

That is called "dividends".


What is a connection fee?

It's a sum of money paid to a phone company for providing you with a service.


If a cheque is cleared can any one freeze it afterwards?

A cleared check is one for which the money due by means of the check has already been paid to the payee. So a stop or freeze cannot be placed on it because, the funds have already been paid out and the bank cannot reclaim the funds paid out for a check.


What is Reimbursement?

It is when you use your own personal money to buy something for the company you work for, and the money they give you back for the money you paid is called reimbursement.