We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Right Tax code?

sj1977
sj1977 Posts: 49 Forumite
Hi all.

I've just had my P60 just wanted to check tax code.. it's 647L

I'm paid 4-weekly, on an average payslip I get:

Total Additions 1996.43 (this includes a debit to my additions of £105 company pension contribution through salary sacrifice)

deds:

Tax - 299
NI - 146

I also pay £100 for company shares.

leaves me with a net of £1450.

I'm married no kids under 18 and under 65.

Comments

  • dzug1
    dzug1 Posts: 13,535 Forumite
    10,000 Posts Combo Breaker
    647L is the standard tax code and unless your situaton is 'abnormal' is correct.
  • sj1977
    sj1977 Posts: 49 Forumite
    I have no idea about tax and tax coding, so as long as i'm paying ok - happy days
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247K Work, Benefits & Business
  • 603.6K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.