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tax code k58 replaced by code k27.
martin57
Posts: 774 Forumite
in Cutting tax
Hi folks,
I owed the tax man £280 from a previous year and he takes the tax out of my occupational pension.
I got a number of tax codes from him for year 13/14 going from k58 to k27 received today.
As far as I can work out it will be a little extra in my monthly occupational pension like maybe a fiver.
Am I right in assuming that?
Thanks a lot
Martin57
I owed the tax man £280 from a previous year and he takes the tax out of my occupational pension.
I got a number of tax codes from him for year 13/14 going from k58 to k27 received today.
As far as I can work out it will be a little extra in my monthly occupational pension like maybe a fiver.
Am I right in assuming that?
Thanks a lot
Martin57
0
Comments
-
less tax of (58-27) x 10 x 20% per annum = £62
so £5.16 per month0
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