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!

1st job in 3 years...Right tax code?

Hi,

I have been employed with my current employer since March this year, £30k a year. Tax code 647L. Is this the right tax code? I've not been in work for a few years as looking after my children. Was wondering if i should contact tax office to enquire a rebate?

Many thanks for any info!!

Comments

  • p00hsticks
    p00hsticks Posts: 14,537 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    647L is the standard tax code for an individual, so unless you have any benefits in kind or anything unusual it's probably right.
  • laurel7172
    laurel7172 Posts: 2,071 Forumite
    Did you get paid in March? Yes, you started work then, but did you actually get paid?

    If so, was that payment made using the correct tax code? Check your March payslip/P60. Unless you're massively well paid, you probably shouldn't have paid any tax at all.

    Agree that 647L is *likely* to be right for this year, but there's a chance you might have overpaid tax in the last financial year (up to 5 April) if you went onto an emergency code.
    import this
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
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K 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.