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Paid £35 more Income Tax this month... why?
martin2345uk
Posts: 915 Forumite
in Cutting tax
Hello all 
I don't know if anyone will be able to answer this here but I was just wondering, the totaly income and deductions for last month's (August) pay and this month's (September) are exactly the same, apart from Income Tax, which has increased by £35!
My tax code hasn't changed since last month, so does anyone know what possible reason there could be...?
Many thanks!
Martin
I don't know if anyone will be able to answer this here but I was just wondering, the totaly income and deductions for last month's (August) pay and this month's (September) are exactly the same, apart from Income Tax, which has increased by £35!
My tax code hasn't changed since last month, so does anyone know what possible reason there could be...?
Many thanks!
Martin
0
Comments
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It is often the way the cumulative system works. I have two small pensions that pay the same each month and the tax on one varies by 20p and the other 10p. I use a spreadsheet based on the tax tables and it shows this is correct. If you are really bored http://www.hmrc.gov.uk/taxtables/pay-adjustment-tables.pdf
or http://payecalculator.hmrc.gov.uk/PAYE0.aspx
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martin2345uk wrote: »My tax code hasn't changed since last month, so does anyone know what possible reason there could be...?
Perhaps this month is correct and last month's was wrong. Without figures and tax codes from April, it's only guesswork.
If you want to supply the details, more help could be given.0 -
As has been said to give a reliable answer we need to know full details of your last three months wages. For each month give the taxablegross, tax paid, tax code and basis, taxable gross to date and tax paid to date.
Just a guess but the most comon cause of this happening to someones tax is a larger than normal payment (say a yearly bonus)a few months earlier which has put the employee into the 40% tax band. Their earnings then go back to normal and for a while they are getting some of this 40% tax converted to 20% tax so their tax due is reduced. Eventually all of this 40% tax is converted to 20% and thier tax appears to go up. It has not really gone up it has gone back to normal.
As I say just a guess if you give the figures it can be checked.0
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