Emergancy tax

NMSE12

My husband thinks i will be emergency taxed as first job in 5yrs... Is he right? how much can i expect to be taxed and how long for?
Thank you in advance

HappyMJ

Yes but it doesn't last long. A few months maybe. Your employer will eventually get your tax code and you can claim all the excess tax back from the HMRC.

NMSE12

How high is the percentage for emergancy tax? expecting take home pay of just shy of 1K (only part time)

McKneff

Please ignore post 2, it is completely wrong.

If you fill in a p46 when you start work you may only pay tax for a couple of weeks, your tax will then be sorted out via your payroll as soon as they get the details back from HMRC and because you have not used up your allowances from April till now you wont pay any tax for a few months.

You will not need to request a refund.

NMSE12

A P46? don't think i have filled one in, its payday soon and i have already handed in my hours and expenses for the month so assume i should ofo already done one? would it be rude to ask my employer about it?

jem16

nattprice wrote: »

A P46? don't think i have filled one in, its payday soon and i have already handed in my hours and expenses for the month so assume i should ofo already done one?

Yes you should have already been asked to complete one. I have no idea how the employer thinks it's going to tax you without this info.

Let us know what your tax code is when you get your first pay and we can tell you if it's emergency tax or not.

would it be rude to ask my employer about it?

No it wouldn't. In fact download this one and hand it in to your emploter asap.

http://www.hmrc.gov.uk/forms/p46.pdf

You need to tick either box A or box B depending on whether or not you were on any benefits.

McKneff

I soemtimes wonder about bone fide employers......................

In fact I wonder about lots of any employers when they dont know the basic rules.

chrisbur

When you do get a P46 provided that you have had no taxable income so far this tax year you can choose box A and your employer can then put you onto the emergency code of 747L cumulative which is the tax code you will allmost certainly be issued with eventually.

P46 that can be downloaded here
http://www.hmrc.gov.uk/forms/p46.pdf

t0rt0ise

I've just started a job after a break. I gave them a P45 but I know it's from a past year so not much use. I have been taxed in July on the tax code 747L NONCU which is the emergency code of today. It means that I have been taxed as a single person with no account being taken of the tax period. So they taxed it as if it was month 1 in the tax period and as if I'm going to earn that amount all year. They will catch up to the fact that it's month 4 already and the tax office will tell them that I haven't earnt anything this tax year, and I will then get the overpaid tax back in future paypackets. I hope August will see it sorted.

LadyMissA

It's not only employers I wonder about but employees too. Why would you not hand in a P45 or sign a P46?

They would have just put you on week 1 BR

McKneff

Lots of employees dont have a P45, and lots of them are really not aware of a P46 until the new employer asks them to fill one in. The fact that employers dont know beggars belief to be honest.

It amazes me how many people in Britain are ignorant of eventhe most basic tax and ni rules.