right tax code but paid too much tax

dirtygurty

my husband changed employers last month and was given a p45 to give to new employer which he did but on this months pay slip is his tax code of 747L but has paid £125 too much tax. i dont understand how this has happened. i have had a look at his p45 and it has on it his earnings to date and that it is month 7 and total tax to date. his payslip also has his total gross pay to date which is correct. can i expect to get if back from his employers or will i have to reclaim it from hmrc?

DVardysShadow

Is one of the employers paying 4 weekly and the other monthly?

dirtygurty

no old employer paid on 9th new one pays on the 10th

chrisbur

dirtygurty wrote: »

my husband changed employers last month and was given a p45 to give to new employer which he did but on this months pay slip is his tax code of 747L but has paid £125 too much tax. i dont understand how this has happened. i have had a look at his p45 and it has on it his earnings to date and that it is month 7 and total tax to date. his payslip also has his total gross pay to date which is correct. can i expect to get if back from his employers or will i have to reclaim it from hmrc?

The only way to tell what has caused this is to give full figures. Gross and tax, plus tax code and basis, and month number and date from P45. Gross tax month/week number and date paid from payslip.

dirtygurty

ok
p45 leaving date 10/10/2011
tax code 747L
month number 7
totalpay to date 9166.40
total tax to date 960.60

payslip
basic units 204.00 rate 7.10 amount 1448.40
holiday pay units 12.00 rate 7.10 amount 85.20
PAYE tax 307.00
ni 111.60

total gross pay to date 11637.20
gross for tax 11637.20
tax paid td 1330.20
earnings for ni td 2464.00
ni to date 151.68

net pay 1115.00


747L tax period 8

dirtygurty

sorry pay slip date 30/11/2011

chrisbur

The gross from the P45 plus the gross from the payslip do not add up to the gross to date on the payslip. Have there been any other payments made between the P45 being issued and this payslip?

dirtygurty

yea cause the new firm took over on the 10th of the month last months pay was in two halves from the old company 9 days pay which i presume will be included on the p45. then from new company from 10th to end of month pay slip

basic units 84.00 rate 7.10 amount 596.40
holiday pay units 48.00 rate 7.10 amount 340.80
PAYE tax 62.20
ni 40.08

gross pay td 937.20
tax paid td 62.60
earnings for ni 934.00
ni td 40.08

net pay 834.52

747L tax period 7

pay date 31/10/2011

chrisbur

This means that both the old employer and the new employer used the tax allowance for month 7 so that when the new employer added the P45 details to pay month 8 there was no tax allowance left to use so tax had to be taken on the full amount. There will be a total of thirteen payments made this year so one has to be without a tax allowance. I am afraid the tax is correct there is no tax to claim back.

dirtygurty

thank you for explaining it to me i understand now