help with tax code pls

priorityprice

hi guys i was running my own business till 18 months ago to date (was ltd company which i was a director), i signed on after an awful year and the credit crunch etc etc.

on may 3rd 2011 i was lucky enough to fall back in to full time employment on a salary of £25000, i have noticed my tax code is 47L is this emergency tax code?

i have no other form of income only this job now, will i get the right tax code soon and get a rebate?

i live with my partner and have a young son of 3 years old

thanks in advance for any help

CLAPTON

before the job were you claiming JSA?

when you started your job did you have a P45 from the DWP or did you fill in a P46
if you filled in a P46 which box did you tick

can you check eack payslip and say what the taxcode is?
normally it would be 747L

priorityprice

i was on jsa before employment started on may 3rd 2011

my tax code has been 47L right from the start, i joined on weekly pay now paid monthly salary

and thanks

CLAPTON

did you have a P45 ?

priorityprice

no i didnt get one

no 45

CLAPTON

you should have been given a P45 by the DWP as JSA is a taxable benefit

in any event you need to contact (phone) HMRC and explain the situation
you need to be on a 747L taxcode

jem16

priorityprice wrote: »

no i didnt get one

no 45

With no P45 handed in, it's impossible that the company would have just used a 47L tax code. Can you look again closely - are you sure it's not 747L as opposed to 47L? Sounds like too much of a coincidence.

Did you complete a P46 and if you did what box did you tick?

Give us the figures from your payslip so it can be checked.

priorityprice

i may have lost the p45 from the job centre when i signed off anyway cant find it, i been paid today so it was as follows

salary = £2083
tax = £408.80
NI = £177.76

take home money = £1496.77 for month


my gross to date is £7662.77
My tax to date is £1492.60

tax code is 47L

thanks for the help guys appreciate this am hoping to get a rebate soon what you think

jem16

priorityprice wrote: »

i may have lost the p45 from the job centre when i signed off anyway cant find it, i been paid today so it was as follows

salary = £2083
tax = £408.80
NI = £177.76

take home money = £1496.77 for month


my gross to date is £7662.77
My tax to date is £1492.60

tax code is 47L

thanks for the help guys appreciate this am hoping to get a rebate soon what you think

Certainly correct for a 47L tax code.

You need to get onto HMRC if you have received no P2 coding notice to explain why it's 47L.