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Nil tax code
Queen
Posts: 788 Forumite
I have just received a letter today from IR advising that they have applied a back to week one tax code for the rest of the financial year about 3 weeks how rediculess
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Comments
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Will they just collect that direct from HMRC?
:j :j
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From now until 06th April my emp will not stop tax, they applied nil tax code to my OH about 6 weeks ago I am still waiting for someone to contact me as to where to pay this0
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You will hear from Moon Beever shortly, but in the meantime you need to make sure you put the tax aside to enable you to pay it when they ask for it.Get free advice before embarking on bankruptcy: CCCS 0800 138 1111 National Debtline 0808 808 4000
Business Debt Line 0800 197 6026 CAB Insolvency Service- 0845 602 9848"He who laughs last didn't get it!" :rotfl:BSC 134
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What was your tax code before and how many sources of income do you have?0
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hello I have save 5 weeks out of the 6 tax as my OH only worked 2 days last week and would not have earnt enough to pay tax or NI, our tax code was 603L and we both work full time0
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sorry to hijack, but what is nil tax code, and how does this effect us
mike
Did'nt have clue about BR
But learning fast:p
:jBR on 05/05/09:j0 -
Nil tax code means that your emp will not deduct tax and its your responsibility to pay this to OR or who they have instructed to collect this, the nil tax code is the financial year that you went BR and all the tax yo have paid to IR they will pass onto OR0
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I see thanks for that
mike Did'nt have clue about BR But learning fast:p
:jBR on 05/05/09:j0 -
If you go BR before the end of the first week in April (don't know exact date this year) you will not get an IPA so don't need to worry. Your wife however will probably get one as she won't be going BR before then.sorry to hijack, but what is nil tax code, and how does this effect us
mike
I went BR on the last day of the last tax year so that I could avoid it.
:j :j
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