Tax advice - Queries on income tax & NI

CLAPTON

603L wk1 means you get an allowance of 6035/12 = 502 per month

whereas 603L means you get 502 allowance per month but accumulated from april up to the current month...

for people who earn the same each month and have been earning since April, there isn't much difference but in your case the 603L means that you can use your 502 allowance for april, may june ... dec i.e. 9 months worth.

so that why I said you can earn up to 4526 (between april to dec inclusive ) before paying tax.

So once your code is changed from 603L Wk1 to 603L you will get your tax refunded and pay nothing this tax year.

NI isn't worked out like that (i.e. it isn't cumulative) it just depends upon your weekly or monthly salary so no refunds there.

Samfau

cheers mate, i appreciate it.