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!

Payslips

1234568

Comments

  • hello2007
    hello2007 Posts: 462 Forumite
    edited 19 December 2011 at 9:05PM
    jem16 wrote: »
    What tax code was being used here? How long were you with them?

    Not needed anymore.
  • jem16
    jem16 Posts: 19,750 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    LadyMissA wrote: »
    like I have been saying

    Nobody has said you haven't.

    However as I have pointed out, employer may still not be able to use it.
  • jem16
    jem16 Posts: 19,750 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    hello2007 wrote: »
    747L M1 tax code

    An M1 code would not normally have been used if this was your first employment in the new tax year.

    What have you been doing since April? Did you receive JSA?
  • hello2007
    hello2007 Posts: 462 Forumite
    edited 19 December 2011 at 9:05PM
    jem16 wrote: »
    An M1 code would not normally have been used if this was your first employment in the new tax year.

    What have you been doing since April? Did you receive JSA?

    Not needed anymore
  • LadyMissA
    LadyMissA Posts: 3,263 Forumite
    jem16 wrote: »
    Nobody has said you haven't.

    However as I have pointed out, employer may still not be able to use it.
    and if they aren't operating a correct payroll they wont use it at all
  • jem16
    jem16 Posts: 19,750 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    hello2007 wrote: »
    Sorry I did work for agency one day and they paid me and sent my p45. I was not on JSA.

    It will all come down to exact figures in the end. You may have a small underpayment but I don't imagine it will be too much as you have worked very little so far. At month 7 of the tax year you are entitled to £1868.75 in tax free allowances so far.

    As soon as you get your P45 I would ask your employer if they can still accept it. If they cannot accept it, you should contact HMRC so you can get off that M1 code onto a proper cumulative tax code.
  • hello2007
    hello2007 Posts: 462 Forumite
    edited 19 December 2011 at 9:05PM
    jem16 wrote: »
    It will all come down to exact figures in the end. You may have a small underpayment but I don't imagine it will be too much as you have worked very little so far. At month 7 of the tax year you are entitled to £1868.75 in tax free allowances so far.

    As soon as you get your P45 I would ask your employer if they can still accept it. If they cannot accept it, you should contact HMRC so you can get off that M1 code onto a proper cumulative tax code.

    Not needed anymore
  • hello2007
    hello2007 Posts: 462 Forumite
    edited 19 December 2011 at 9:06PM
    Not needed anymore
  • burnoutbabe
    burnoutbabe Posts: 1,338 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    it wouldn't be a huge issue if you earned the same every month and could have a good guess what the NI/tax would be and see that this makes the difference between the gross amount and amount in bank.

    but how on earth will you track if you get paid the right bonus/commission?
  • hello2007
    hello2007 Posts: 462 Forumite
    edited 19 December 2011 at 9:06PM
    Not needed anymore
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture