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Tax Codes


tinnitus

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Posted

lads

i noticed on friday my tax code had changed to 10L. i checked it out and it has beem like this since the start of the financial year. i was told i need to call my local tax office to sort it out.

anyone had same problem?

Posted
lads

i noticed on friday my tax code had changed to 10L. i checked it out and it has beem like this since the start of the financial year. i was told i need to call my local tax office to sort it out.

anyone had same problem?

10L

Thats low.

Have you had a notification letter regarding your code from the Inland Revenue? This explains why your tax code is set at a particilar level and how they will recover any tax due etc.

Growing old is mandatory, growing up is optional

Posted
lads

i noticed on friday my tax code had changed to 10L. i checked it out and it has beem like this since the start of the financial year. i was told i need to call my local tax office to sort it out.

anyone had same problem?

hi tinnitus

my better 'alf doe's all the wages for her firm, 10L is a very very high rate, so i would suggest you check out this rating PDQ, as your taxed above (she thinks) 1k earnings. so if you made a killing last year your being penalised this year.

her advice is phone your tax office, it is not up to your company to sort this for your since self assessment came in.

regs

alan

If you think education is difficult, try being stupid!!!!

Posted
10L

Thats low.

Have you had a notification letter regarding your code from the Inland Revenue? This explains why your tax code is set at a particilar level and how they will recover any tax due etc.

nah, i think my employer has said i have a car and a van. i called and they think i recieve special benifits from my company. i have the number for my local tax office, will call tomorrow. i think i should have 5 months tax rebate owed.

Posted
hi tinnitus

my better 'alf doe's all the wages for her firm, 10L is a very very high rate, so i would suggest you check out this rating PDQ, as your taxed above (she thinks) 1k earnings. so if you made a killing last year your being penalised this year.

her advice is phone your tax office, it is not up to your company to sort this for your since self assessment came in.

regs

alan

i thought 10L was very very low, like im only allowed 100 quid tax free. i have the number Arfur, your right its not up to my employer. i did not make a killing last year, the year before or ever infact.

Posted
i thought 10L was very very low, like im only allowed 100 quid tax free. i have the number Arfur, your right its not up to my employer. i did not make a killing last year, the year before or ever infact.

Not quite correct there. A bit of resonsibiliy on both sides.

If the Tax code is low due to vehicle(s) benefit in kind, then the company must inform Inlnd Revenue each quarter who is driving what vehicle. End of each year they should send you a P11D stating what benefits you received. That is what the Tax Man will work from.

Growing old is mandatory, growing up is optional

Posted
Not quite correct there. A bit of resonsibiliy on both sides.

If the Tax code is low due to vehicle(s) benefit in kind, then the company must inform Inlnd Revenue each quarter who is driving what vehicle. End of each year they should send you a P11D stating what benefits you received. That is what the Tax Man will work from.

i think i got it, questioned the car and van and was told it was not a problem. im looking for it now

Guest anguscanplay
Posted
i think i got it, questioned the car and van and was told it was not a problem. im looking for it now

you havnt got both then ?

damm the renegotiating was booked as well

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