taxed 80.00 on a 400 wage help needed.

ferne141

hi can anyong help me out. i just got my 1st pay today since the new tax year and wash shocked to see i was taxed 80.00 from a 400 wage. all of last year i wasnt taxed once and its come as a bit of a shock as i have my bills rent 3 year old etc so can afford to start paying tax. i earned 5000 last tax year so i thought i was way under the tax barrier. any help would be much appreciated

Indie_Kid

What's your tax code? You might get a better response on the Cutting Tax board.

beanybop

Hello

Ist - we are in a new tax year, so your earning start again, what you earnt last year makes no difference to your taxable pay this year, only to tax credits.

2nd - You are being taxed at the emergency rate, so 20% on all earnings, with no personal allowances. Personal allowances should mean that the first £500 and a bit per month suffer no tax deduction. You need to get on to your tax office to get a proper code, once you have that your employer should be able to refund any overpaid tax. Your employer can give you the details and phone number of your tax office.

Good luck

ferne141

thanks:beer:

mitchaa

clarepaton wrote: »

hi can anyong help me out. i just got my 1st pay today since the new tax year and wash shocked to see i was taxed 80.00 from a 400 wage. all of last year i wasnt taxed once and its come as a bit of a shock as i have my bills rent 3 year old etc so can afford to start paying tax. i earned 5000 last tax year so i thought i was way under the tax barrier. any help would be much appreciated

£400 weekly or monthly?

Additionally, can you see 647L anywhere on your pay statement?

alwaysonthego_2

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jem16

beanybop wrote: »

2nd - You are being taxed at the emergency rate, so 20% on all earnings, with no personal allowances.

The OP appears to have been taxed using a BR code. This is not an emergency rate - it simply means Basic Rate of 20%.

The OP will probably find, assuming this is her only job, that HMRC's super-duper new computer system has added her to the long list of wrong tax codes being supplied!