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
change of tax code
bronzedg
Posts: 68 Forumite
in Cutting tax
hiya just wondered if anyone could clear somthing up for me im cabin crew & have been on the common tax code 647l or whatever it is & have just received a letter saying i shall now be on tax code BR & will be paying 20% is that a good thing or a bad thing ?
0
Comments
-
It's a (very) bad thing. As that is the Code more normally reserved for 2nd jobs. And charges 20% on everything - no personal allowance giving you a tax free portion of income. Does that (2nd job) fit? And is this for 2011-12?If you want to test the depth of the water .........don't use both feet !0
-
oh god no its not a 2nd job its my only job & i only work 8 months of the year ! How can they possibly work that out ?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.6K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards