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New Tax Allowance

Hello!

First post, but I've used the forums for many years.


As the tax threshold has just risen to around 9400, I was just wondering, will this take effect immediately? Or Do we all have to mess about changing our tax codes to 944L?

First time I've been in a job where I actually earn enough for this to concern me...

Cheers!

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    CMS1990 wrote: »
    Hello!

    First post, but I've used the forums for many years.


    As the tax threshold has just risen to around 9400, I was just wondering, will this take effect immediately? Or Do we all have to mess about changing our tax codes to 944L?

    First time I've been in a job where I actually earn enough for this to concern me...

    Cheers!

    assuming you are an normal PAYE employee then
    if your old (2012-13) code was 810L then you will automatically be unrated to 944L

    this will be done by your employer.
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