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I'm confused

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Hi everyone

I hope someone can help with my query. I recently started a new job in May and previous to that I claimed Jobseekers Allowance from February. On the P46 form I signed for the new job I ticked box 'B' stating "This is now my only Job, but since last 6th April I had another job, or have received taxable jobseekers Allowance or Incapacity Benefit...." As this was the correct box to tick as I have claimed Jobseeker's Allowance my Tax code is 647L. What I don't understand is the amount of Tax I pay. I get paid on a weekly basis at Gross £365.38 which equates to £19000.00 per Anum. I currently pay £48.17 per week, it seems quite a lot. Am I missing something?

Comments

  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Yes.

    Whats your tax code? (on your job not on JSA)


    EDIT

    Ignore me, I assume you meant you tax code is 647L on your job! :)

    You are paying the right tax

    http://listentotaxman.com/index.php

    Go here, enter £19000 and it tells you.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    it work approximately like this

    tax free allowance 6475 per annum or 124 per week
    NI allowance 110 per week

    so gross per week = 365
    tax is 20% of (365 - 124) = 20% of 241 i.e. £48

    NI is 11% of 365-110 i.e. 11% of 255 i.e. £28
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