New Tax Allowances from April 2011 ?

Noonoosdad

I am semi-retired and in receipt of a Pension but have a Part-Time Job. My Annual Salary for both is £ 21,179.28 (Net of Tax)
After checking a Pay Slip for 18th May 2011, I notice that I am still paying the same amount of Income Tax as prior to April 2011 but my Pension has gone up a whole £16.00. After checking with my Pension Administrators, I have found that my Tax Code has gone up from 647L to 747L.
My query is this. Surely if Basic Tax Payers are being allowed to ear an extra £1,000 before paying Tax, I should be looking at considerably more than £16.00 ? I have tried to contact H.M. Revenue & Taxes without success and was held in a queue for 20 mins without answering.

noh

£1000 pounds p.a. extra tax allowance at 20% tax equates to £200 extra in your net pay p.a.
£200 p.a is £16.66 per month. You are receiving the correct amount.

I am assuming your part time earnings are taxed at BR and your Tax free allowance is used against your pension income.

Noonoosdad

Many thanks. That would explain the figure it's increased by. Not brilliant but better in my Pocket.