Paye Tax Codes For 2012-2013

Paye Tax Codes For 2012-2013

January 15th 2012 12:18 pm


The new tax codes for 2012/2013 are being issued by HMRC. The coding notices for these go out between now (January) and Ma ...


The new tax codes for 2012/2013 are being issued by HMRC. The coding notices for these go out between now (January) and March for use against your pay from April 2012. Please check your coding notice carefully to make sure you are not paying too much, or too little tax - this is especially more important if you have more than one job or income source, such as a pension income. You can try this tax calculator to check your tax code too. Enter the tax code as part of your calculation when you see the result page and it will be able to see if the correct amount of income tax is being deducted.
With the basic personal allowance for next year increasing from £7,475 to £8,105 the normal coding for under 65s will change from 747L to 810L. Due to the nature of the tapering of personal allowance, which are continuing into the new tax year, if you have income at or over £116,210 in 2012/13, you will have a zero personal allowance. Remember that personal allowances tapering is adjusted by looking at gross income earned within the tax year, but you can subtract payments made toward pensions, charity and losses. Try our UK Tax Calculators Wizard, it will allow you to enter all your income from differing sources and then calculate what your total tax liability will be. You can enter PAYE or personal pension contributions and see the effect on your taxation quite easily within it.

be smart. find an accountant online now. it's easy!

what type of accounting work do you need help with? choose below.


We are a lead generation facility for accountants located across the UK. We provide our visitors with the ability to search for accountants directly or provide details of the work they require and seek out accountants looking for clients with similar circumstances. Users of this website are assured that their personal details are not distributed to more than one accountant and that accountant is then allowed to contact the user to discuss the service the accountant can provide. All data transmission on this website and administration facility is carried out under full 256-bit SSL encryption.

Data Protection Registration Number ZA200013

Please read our full disclaimer.