Tax help!

fengirl_2

As I said, my advice is in my first post. You are on emergency code, 647L week 1 basis, not cumulative, so your P45 will not show your pay and tax from your temp job which is why you need to get the tax office involved.

suso

fengirl wrote: »

As I said, my advice is in my first post. You are on emergency code, 647L week 1 basis, not cumulative, so your P45 will not show your pay and tax from your temp job which is why you need to get the tax office involved.

Fengirl you know more about it from the employer side of it, than I do, so heres a general question.

If 647L w1/m1 was being applied, then surely on earnings of 500 no tax would be due.

Or is it likely that the £50 that the OP says was deducted is likely to be NI.

Seanymph

haha! Ok leggie, thanks for coming back and clarifying that (for me anyway!).

As soon as you finish your last week at the temp agency they will give you a P45 (or when the process your last payroll anyway). This will show your code (647L) and your tax etc to date.

Give that immediately to your grad job, and when they process the following payment the overmpayment in tax will be refunded (as long as this happens between now and next April 5th - presumably you will be doing it before then).

No problems at all - your new job, the grad job, had to BR you, because you hadn't given them any paperwork to tell them otherwise - as soon as they get the official notification, the P45, then their system will balance it out.

Chances are you won't see the refund, just pay a lot less for the first month and then the second it will be on an even keel.

Seanymph

you may find this helps;

http://www.hmrc.gov.uk/paye/intro/tax-codes.htm

It will say 647L m1/w1 if you are being taxed on a month by month basis - which will mean a sort out, but your new employers can probably do that for you. If it just says 647L, which is what you said and therefore what i've answered, then it will sort itself out without any further ado once they have your P45.