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Tag Archive | "tax codes"

15 million people on wrong tax code leading to 240 million in tax overpaid

Sunday, August 15, 2010

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Millions of people are being taxed more than they should due tax coding notice blunders by HMRC. People mainly affected include pensioners and those with more than one source of income where the taxation is more complicated to begin with. The tax coding notice provides each taxpayer with their tax code for a particular tax year [...]

Tax Code Help

Friday, February 19, 2010

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Following on from our earlier post about HMRCs error with tax coding notices here, we have added a tax calculator to help you check whether your tax codes are correct if you are working 2 seperate employments. The calculator will take your first and second job details to produce the individual taxation breakdown for their individual [...]

HMRC Tax Code Error

Saturday, February 13, 2010

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Between January and March, 25 million new coding notices will be issued for 2010/2011. These tax codes will be updating each individuals tax allowances and relief based upon what they should be entitled to. This year, due to a shift to a new computer system for processing PAYE, there is cause to be extra vigilent when checking [...]

Understanding your PAYE code if you have two or more concurrent employments

Thursday, October 29, 2009

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Understanding your PAYE tax codes.