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
P45 Wrong?
spidereyes
Posts: 257 Forumite
Im not sure but Im hoping someone here can help me.
I changed jobs two months ago and last month I got taxed a stupid amount of money, I spoke to payroll who advised me this was to do with 'tax catch up' and it was infact how much I owed.
I started my new job in September but was owed few days pay/holiday left over from my last job so in september I got two payslips, one for each job.
Up until this my payslips for the previous job said I had earned £4776.49 Gross pay, £4657.47 Taxable and Id paid £390.80 in tax. This I agree with.
Then for my final payslip it says my Gross pay was £4721.54, Taxable £4601.17 and Tax paid £244.40
The figure £244.40 is what is on my P45 but I paid a lot more than that in tax so I don't understand. There also seems to be a further £54 or so which seems to be unaccounted for from my final pay, and again I don't understand why.
Does anyone have any idea why it would say the amount of tax I paid for the year had gone down even though I never had a refund or anything like that?
I changed jobs two months ago and last month I got taxed a stupid amount of money, I spoke to payroll who advised me this was to do with 'tax catch up' and it was infact how much I owed.
I started my new job in September but was owed few days pay/holiday left over from my last job so in september I got two payslips, one for each job.
Up until this my payslips for the previous job said I had earned £4776.49 Gross pay, £4657.47 Taxable and Id paid £390.80 in tax. This I agree with.
Then for my final payslip it says my Gross pay was £4721.54, Taxable £4601.17 and Tax paid £244.40
The figure £244.40 is what is on my P45 but I paid a lot more than that in tax so I don't understand. There also seems to be a further £54 or so which seems to be unaccounted for from my final pay, and again I don't understand why.
Does anyone have any idea why it would say the amount of tax I paid for the year had gone down even though I never had a refund or anything like that?
0
Comments
-
It looks like you recieved a tax rebate in your last payslip from your old employer. Can you advise the full details from this payslip, that is taxable gross, tax figure, net pay and tax code?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
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