Tax Question

scottishgirl87

This might be a completely stupid question

I was unemployed for the best part of last year. I started working again in October and I've just realised that I didn't make the minimum threshold for taxing purposes in the 2010/2011 year. I'm on the basic taxic code of 647L.

Does this mean I should get the money I've been taxed back? Or am I way off the mark here?

Any help appreciated

Mikeyorks

You shouldn't - in that case have paid any tax? Bear in mind if you were on JSA that is added to taxable income.

scottishgirl87

Mikeyorks wrote: »

You shouldn't - in that case have paid any tax? Bear in mind if you were on JSA that is added to taxable income.

Thanks. Yeah not long after posting I realised with JSA I went over the allowance ever so slightly. Gutted!

chrisbur

scottishgirl87 wrote: »

Thanks. Yeah not long after posting I realised with JSA I went over the allowance ever so slightly. Gutted!

You may still be due some back, without the figures no-one can advise. If you give pay and tax figures for the job plus job-seekers amount and any other taxable income if you had any, then will have a better idea of your tax position.

Any

scottishgirl87 wrote: »

Thanks. Yeah not long after posting I realised with JSA I went over the allowance ever so slightly. Gutted!

If you went over the allowance ever so slightly then you should get taxed only ever so slightly... It doesn't work that once you hit the allowance you suddenly get taxed on everything you earn.

You should only get taxed on the amount over the allowance... Only if you get paid monthly the allowance is split into 12 chunks to spread it over the year so you get a bit every month, and get around same nt every month, rather then not get taxed at all first 3 months and then taxed on everything after that...