Confusing wage tax

Bobbysocks

Hi there,

Apologies if this is a stupid question, I've tried to find an answer through the internet and have ended up here.

I work overtime and last month earn't an additional £70 gross. When I looked at my take home pay I only received an additional £3. Now I'm assuming that this is due to tax. Obviously I feel agreived that 10 hours work got me an extra £3. Common sense seems to suggest that i will get this back, is this right?

I'm assuming that this will be via either a lower tax paymant next month or a rebate at the end of the year? I it is a rebate would this be automatic.

Again apologies, this is probably a stupid question but tax isn't exactley a specialist subject for me.

Many many thanks

Bob.

jem16

Bobbysocks wrote: »

Hi there,

Apologies if this is a stupid question, I've tried to find an answer through the internet and have ended up here.

I work overtime and last month earn't an additional £70 gross. When I looked at my take home pay I only received an additional £3.

Compared with what month? If you are comparing with September this month had an extra £60 tax rebate so your figure would be artificially high for that month only.

Without actual figures for each month and tax code no-one will be able to give you any answers.

fengirl_2

Without seeing this months and last months payslips its hard to help.
However, assuming you are a basic rate taxpayer, the tax and NIC on £70 would be £21.70. However, last month you would have received a £60 tax refund which would skew the comparison between this month and last month's pay.
If you add £60 to last month's tax, does that make the difference more understandable?

Bobbysocks

I was comparing to last months so that all adds up .

Many thanks for your prompt and helpful answers.

:beer: