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Am i paying too much tax an insurance?

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Hi,

Could someone please clear this up

My tax code is 389L
monthly pay before tax 1125
Tax - 167.60
NI - 75.51
Totals 243

Whcih leaves me with 882 after deductions. according to several paye calculators i should be coming out with around the 930 mark every month should i callenge this? if so what advice can you give.

Thanks for all your help

Mike.

Comments

  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Income: 1125
    Tax Code: 389L

    Income Tax: £160.02
    NI: £71.36

    Net: £893.62

    Is what listentothetaxman gives. Which is what I also get if I work it out manually.

    Maybe you underpaid previous months?
  • I have been payin that for 1yr and 3 months same pay every month.
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Is there a reason why you're tax code is so low also?

    And if you've worked there a while you should have a P60 from April? What do those figures say?
  • BruceyBonus
    BruceyBonus Posts: 1,143 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Do you receive any benefits from your employer, e.g. healthcare, transport, vouchers, etc.
  • no nothing.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    post you the year to date figure

    -gross pay to date
    -tax to date

    has your taxcode changed this year (check your april payslip and your lastest one)


    what were the figures form you P60 (including tax code)
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