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NEW Tax Code

mardiemare2008 · 2014-01-20 13:35:26

Hi guys, just wondering if someone could help explain things to me as not really got a clue when it comes to tax. I have today received a letter from HMRC saying I owe them £425.11?! My tax code is changing from 944L to 793L. The letter states they are going to deduct £2125 from my £10060 personal allowance for 2014/2015.…

Comments

zygurat789 Posts: 4,263 Forumite

31 January 2014 at 9:06AM

mardiemare2008 wrote: »

Got my tax rebate today.
Only £23.49, but better than a kick in the teeth.

More £££ towards the house deposit

BTW My tax code is now 1006L?? Allowance of £10060?!

No it's not, not until 6/4/2014

The only thing that is constant is change.
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