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taxcode on my pension payments

Hi, I have only recently (31/12/05 ) and have just received my first pension advice slip. On it my tax code is ***L then MI.
Anyone know what the MI means?
I looked on the government tax info website but can't find it.
Many thanks
Terri :cool:
When I married 'Mr Right', nobody told me his first name was 'Always'. ::rotfl:

Comments

  • Cook_County
    Cook_County Posts: 3,092 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    M1 = Month 1.

    This is usually called an "emergency code". It may be incorrect so you should contact your tax office and ask them to adjust it to meet your circumstances.
  • wattapain
    wattapain Posts: 209 Forumite
    Part of the Furniture Combo Breaker
    Thanks CC will do - probably due a refund anyway :dance: :) as I have recently given up my lease car which had a tax implication, so here's hoping :whistle:
    Terri :cool:
    When I married 'Mr Right', nobody told me his first name was 'Always'. ::rotfl:
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