How to get a tax rebate inc Tax Code Checker

jem16

Snowflake wrote: »

As a complete dummy when it comes to anything remotely financial I have a simple question. and sorry I am a teacher.... which means that I have a teachers' pension. Does that mean that my tax code will be different from the 'standard' 647L and would it make it a lower number ???? also what does a /N mean after the code. Any thoughts greatly appreciated. Thanks

If you mean you are currently working as a teacher and paying into the teachers' pension scheme then no it will make no difference at all. You will still be on the standard 647L tax code - although you could apply for extra allowance for professional subs.

No idea what /N means - it's not a normal letter used for tax codes.

Snowflake

Thank you jem16 .That is exactly what I meant! and I am currently trying to find out where i need to go and what I need to do for the extra allowance for my professional subs which we have just been reminded to do at work. Thanks again

hca111

Thanks so if I'm reading it right that 208approx a year so about 600 - 800 since 2005? Do you know how long it takes to refund? Could really do with it if I am owed it!

jem16

Snowflake wrote: »

Thank you jem16 .That is exactly what I meant! and I am currently trying to find out where i need to go and what I need to do for the extra allowance for my professional subs which we have just been reminded to do at work. Thanks again

You simply phone up HMRC and ask for the extra allowance for both GTC subs and union fees (if you pay them). You can also have it backdated for 6 years.

jem16

hca111 wrote: »

Thanks so if I'm reading it right that 208approx a year so about 600 - 800 since 2005?

Around about that, yes.

Do you know how long it takes to refund? Could really do with it if I am owed it!

Could be around 6 weeks. Your current rebate for this tax year will happen as soon as they use the corrected tax code but you'll need to wait for the other years.

Mikeyorks

DebtDodger wrote: »

Student
2004-05: £8460.10 BRX
2005-06: £5438.36 489L

Fulltime work (graduate)
2006-07: 5977.00 503L M1
2007-08: £14955.15 522L*
2008-09: £18299.66 603L*
2009-10: £24255.89 647L*

Not sure where you're getting the Code numbers from and whether they're the 'final' one for the year? I'll respond on the basis they are.

04-05 ..... worth querying as BR suggests no personal allowance. (and you're still 'in time')
05-06 ..... correct Code for the year so unlikely to be a problem.
06-07 ..... the Month 1 indicates you could have overpaid - worth a query

The final 3 years all have the correct Code so there shouldn't be a problem. Except you mention Health Insurance and P11Ds. Which implies the employer paid that - therefore your Code Number for those years should be reduced from the norm? Creating an underpayment if that's the case.

chrisb1357

Hi all,

I have been reading this thread with intrest and also been reading the Tax Man Calc bit on the main site but i am stil confused on how to check to see if i have paid the correct amount of tax or not. Can anyone help me.

I have all my old payslips for last 3 years and p45's. p60's etc

Chris

Mikeyorks

chrisb1357 wrote: »

I have all my old payslips for last 3 years and p45's. p60's etc

Chris

On a seperate thread .... 'cos this one's getting crowded! Post your P60 details :- Year / Code Number / Gross Pay / Tax ...... and someone will look it over for you? (and ask any questions if anything looks odd)

wmum66

Did the tax calculator for last tax year:

Here are the results:o
The number 630T in your tax code...

The tax code you've input says your tax-free allowance was...£6300 - £6309According to my salary and age there is a difference of £175

my new tax code for this year is 647L

am i due a rebate or due them?

chrisb1357

Hi.

Is this the format that people will need to help me work this out

Year to 2009
Benefit for Current Claim £1057.48
Pay £11,229.23
Taxable £1057.49
Tax Deducted £1432.60
Tax Refunded £183.40
Net Tax Deducted £1249.20
Final Tax Code 603L

Mikeyorks wrote: »

On a seperate thread .... 'cos this one's getting crowded! Post your P60 details :- Year / Code Number / Gross Pay / Tax ...... and someone will look it over for you? (and ask any questions if anything looks odd)