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Tax question (another one)
TheEffect
Posts: 2,293 Forumite
I left my part-time job (classed as my first job, therefore not being taxed) on 23rd August, and took two weeks holiday, taking me upto 6th September. I've had a full-time job as well since June, which is classed as my second job, and therefore I'm on Basic Tax and being taxed loads.
I'm waiting for my P45 from the part-time job so my tax code can be changed from basic rate to my correct rate, however they have told me I will get my final payslip, pay and P45 on the 25th.
I am paid on the 15th from my main job, so if I hand them my P45 on the 26th, will this be enough time for my tax code to be corrected in time for my next pay?
Tax and NI is coming to nearly £200, on a £780 pay.
Also, will I be able to claim any of the tax back, or is it correct as I have (technically I'm still working two jobs until 25th) two jobs?
Thanks
I'm waiting for my P45 from the part-time job so my tax code can be changed from basic rate to my correct rate, however they have told me I will get my final payslip, pay and P45 on the 25th.
I am paid on the 15th from my main job, so if I hand them my P45 on the 26th, will this be enough time for my tax code to be corrected in time for my next pay?
Tax and NI is coming to nearly £200, on a £780 pay.
Also, will I be able to claim any of the tax back, or is it correct as I have (technically I'm still working two jobs until 25th) two jobs?
Thanks
0
Comments
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Hi effect
Yeah can claim the tax back at the end of the tax year just send the tax office your P60.
When your old employer has process you as a leaver phone the tax office of your current employer and ask them to change your tax code from the basic or emergency rate to the standard one giving your tax free allowance for the current tax year.
This can be done very quickly and there is a chance that you may not be taxed next month because you have been paying too much tax.0
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