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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Getting the right tax code and Allowances.....

Hi All,

Apologies for asking this and I will shut this thread down as soon as someone can help me.

I have been out of work for a while and recently got my dream job working in catering.

I do get paid very well but I do work 18 hour days and the tips bring me up quite a bit too.

My employer has out the tips into our wages so that we get one single payment each week. Currently I am on probation.

I am on BR tax code at the moment which is incorrect I know but how do I go about getting it to the right tax code?

Secondly they are looking to make me the head chef in a months time as long as I pass the probation. I know that the personal tax allowance gets used up pretty quick but how does that work from being contract worker week to week to a permanent worker monthly.

a little detail for you.

weekly I earn 240 pounds per a day.
weekly wage £785 pw

I think it should be 830 ish

when I go monthly pay it will be 60,500 per year or £3490 per month?

Is this right? or due to my allowance will it be a little bit more to start off with?

And I presumably can claim back the overpayment and when does that get paid?

thanks everyone. Please dont judge regarding how much i earn... Its hard work being a chef and literally I am only writing this now as am taking a break before evening service.

I just want to know the numbers are right as my gf should be giving birth soon and need to make all the money work best for us as possible.

Thanks

Cas

Comments

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
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K 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.