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Tax on overtime
gems2381
Posts: 431 Forumite
in Cutting tax
Could anyone tell me what the rate is for tax on overtime? I only earn 14k a year and I think for the past two years I might've been taxed too much.
Trying to sort my life out, and I'm going to get there!
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Comments
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If you have the standard code then you get £5225 tax free, the next £2230 at 10% then the rest at 22%.
Your are in the 22% band with your income before overtime so your overtime will be taxed at 22%.I no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.0 -
Thanks, think a trip to the tax office may be needed now.Trying to sort my life out, and I'm going to get there!0
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Don't forget National Insurance contributions as well - that's 11%.British Ex-pat in British Columbia!0
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what makes you think that you have overpaid?:heartpuls baby no3 due 16th November :heartpulsTEAM YELLOWDFD 16/6/10"Shut your gob! Or I'll come round your houses and stamp on all your toys" The ONE, the ONLY, the LEGENDARY Gene Hunt :heart2:0
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tigtag02 we've got someone new in doing the wages and since then I've been coming out with more money for the same amount of overtime! Things just don't seem to add upTrying to sort my life out, and I'm going to get there!0
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tigtag02 we've got someone new in doing the wages and since then I've been coming out with more money for the same amount of overtime! Things just don't seem to add up
The personal allowance increased in April this year - could that be it?:A MSE's turbo-charged CurlyWurlyGirly:A
Thinks Naughty Things Too Much Clique Member No 3, 4 & 5 0 -
It would be easier for us to tell you if you have overpaid or not if you post the figures.
Gross (salary & overtime)
Net
Tax Code
from each payslip:heartpuls baby no3 due 16th November :heartpulsTEAM YELLOWDFD 16/6/10"Shut your gob! Or I'll come round your houses and stamp on all your toys" The ONE, the ONLY, the LEGENDARY Gene Hunt :heart2:0 -
Or you could use this payslip checker: http://www.digita.com/taxcentral/home/employment/payslipcalculator/default.asp0
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