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Nil Tax Code
YamahaR6
Posts: 113 Forumite
Do they generally only do this for those with less than £99 surplus a month or could they do it for anyone? With my current surplus they'd only take around £83 a month as part of an IPA so it would make more sense for them to impose a Nil Tax code. How do they decide who gets them and who doesnt?
Hannah
Hannah
BR as of 10:30am on 27/08/2009
Proud BSC member #285
Countdown to AD 27/08/2010
"When you do nothing, you feel overwhelmed and powerless. But when you get involved, you feel the sense of hope and accomplishment that comes from knowing you are working to make things better."
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Comments
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think they do it to everyone, unless you havent got a job0
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As far as im aware they do it if you pay over £50 a month in tax. It will last until either the end of the tax year or until you change your job.
I went BR in Jan and did not get a NT tax code as not enough time to get it up an running.0 -
Cools ta
Would it be in addition to an IPA or instead of? Depending on your surplus of course. BR as of 10:30am on 27/08/2009Proud BSC member #285Countdown to AD 27/08/2010"When you do nothing, you feel overwhelmed and powerless. But when you get involved, you feel the sense of hope and accomplishment that comes from knowing you are working to make things better."0 -
The NT IPA is completely seperate from a surplus IPA. So you can have the one or the other or both.
Have a read of the first post in the Bankruptcy Help sticky there is loads of useful links and info on that thread.BSCno.87The only stupid question is an unasked oneLoving life as a Kernow Hippy0
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