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!

Tax code changing?

Hi, I have a question I hope someone can help me with, I have recently started making contributions to an AVC through my employer, I have just received my first wage slip since setting up the payments, and my tax code has changed to 409T, and national insurance cat has changed to D. so I have had to pay tax this month even though I dont usually earn enough (part time) is this because of my paying into the AVC, or caused by something else. I logged onto the self assesment webpage to look at my latest coding notice and there isnt a new one with that code, but I did notice they have requested a tax return for last year, even though I ceased my self employment in August 2011, and put this on my last tax return so didnt think I would need to do one for 2012/13 is this because of the AVC payments as well?

Comments

  • jem16
    jem16 Posts: 19,911
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Forumite
    rhianna99 wrote: »
    is this because of my paying into the AVC, or caused by something else.

    A reduced tax code will have nothing to do with paying AVCs. A reduction in your tax code can be down to taxable benefits such as private health insurance, company car ect through your company. It can also be down to tax owing from a previous year.

    I logged onto the self assesment webpage to look at my latest coding notice and there isnt a new one with that code,

    You would normally be sent a P2 Coding Notice by post as well. I take it you haven't received one?
    but I did notice they have requested a tax return for last year, even though I ceased my self employment in August 2011, and put this on my last tax return so didnt think I would need to do one for 2012/13 is this because of the AVC payments as well?

    No it will be nothing to do with AVCs. It's quite possible as your are on SA that you will continue to be sent tax returns unless you specifically request to be removed from SA.

    Best to speak to HMRC and find out what's going on.
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
  • 355.7K Banking & Borrowing
  • 254.9K Reduce Debt & Boost Income
  • 456.1K Spending & Discounts
  • 248.3K Work, Benefits & Business
  • 605.8K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K 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.