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Is it too late to sort out tax rebate?

2»

Comments

  • Mikeyorks wrote: »
    That makes a real difference if you had no income prior to September (in this tax year). As the £450 etc only applies to half the year.

    So I would definitely go with the 2nd option - as you will then pay no tax this year (refund from the 1st job, via pay, as soon as you get the Codes in place). And it will more or less keep you right in a full year.

    Ring HMRC and ask they split your allowance :

    http://www.hmrc.gov.uk/incometax/check-multiple-codes.htm#3

    Okay, thanks dude :)
  • What documents do I need when I ring up btw?

    I am a student and will only be able to get the payslips from both of the jobs. I need to get my most recent payslip from job 1, my other job I haven't done any shifts for in 3 months, so should i use that old payslip as it's the only one I have?

    I don't think I have any other documents...
    Thanks
  • Mikeyorks
    Mikeyorks Posts: 10,380 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    What documents do I need when I ring up btw?

    Your NI number should be all you need. HMRC should readily trace your PAYE record from that. So long as you can then confirm both employers they should be able to split the allowance.

    P2 (Coding Notices) to hand would be useful - but probably not essential. As they show the Employer references.
    If you want to test the depth of the water .........don't use both feet !
  • I see the personal limit has now gone up to £8,105 for tax year 12/13... this is good!

    I will ring tomorrow and ask them to use my personal allowance on both jobs. Any idea how long these rebates take to get back into my bank account? Thanks again.
  • dzug1
    dzug1 Posts: 13,535 Forumite
    10,000 Posts Combo Breaker
    They will be paid through your employers - and when depends on when they get the revised codes and the dates they run the payroll.
  • Mikeyorks
    Mikeyorks Posts: 10,380 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Any idea how long these rebates take to get back into my bank account?

    Post #11 ?

    As regards the 12-13 allowance. If you get the allowance split for 11-12 then they will pro-rata the £630 increase.
    If you want to test the depth of the water .........don't use both feet !
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