tax code

si2008

i have a tax code of 950L/X i dont understand why i have to letters after my numbers can anybody tell me why

purdyoaten

blondebubbles wrote: »

Is this on a letter from HMRC? Or on your payslip?

It isn't a letter normally added to your tax code but it could be your NI category

950LX is the code 950L operated on a week 1 / month 1 basis - absolutely nothing to do with NIC

[Deleted User]

blondebubbles wrote: »

A week 1 / month 1 code should have w1 or m1 after it. Not an X

Depends on the payroll software. Purdyoaten is correct 950L on a week1/month 1 basis.

purdyoaten

blondebubbles wrote: »

What software?

Several packages cannot cope with the M1, W1 suffix and use 'X'. Have a read:

http://www.payroll-help.com/faq/x-after-my-tax-code-mean/

[Deleted User]

blondebubbles wrote: »

What software?

Is that really relevant?

When I worked for a recruitment agency 12 years ago it was shown like that, I think the software was Tempaid? Or Temps? Used that many in my time can't be sure.

Also when you get a P6 or P9 coding notice from HMRC the month 1 week 1 indicator is always X

si2008

its on my payslip and has been since last oct just wondering why they have 950l/x so i still dont know why the have it down as 950l/x

purdyoaten

Deleted_User wrote: »

Is that really relevant?

When I worked for a recruitment agency 12 years ago it was shown like that, I think the software was Tempaid? Or Temps? Used that many in my time can't be sure.

Also when you get a P6 or P9 coding notice from HMRC the month 1 week 1 indicator is always X

You are correct - it is not relevant at all! Wrong advice is the worst of all advice.

CLAPTON

si2008 wrote: »

its on my payslip and has been since last oct just wondering why they have 950l/x so i still dont know why the have it down as 950l/x

what was it before Oct 2013?

have you changed job this year ?

did you receive a letter for HMRC explaining the code?

do you know why your code is 950 rather than the more usual 944?
i.e. do you claim a uniform cleaning allowance or similar?

[Deleted User]

si2008 wrote: »

its on my payslip and has been since last oct just wondering why they have 950l/x so i still dont know why the have it down as 950l/x

There are many reasons why your code could be being operated on a W1/M1 basis. Without knowing the full circumstances it is not possible to explain why. I think the best advice is to contact HMRC for a proper explanation.

pjclar02

si2008 wrote: »

its on my payslip and has been since last oct just wondering why they have 950l/x so i still dont know why the have it down as 950l/x

You would need to call HMRC to establish why you have been placed on a week 1 / month 1 code. This essentially means that any change to your PAYE code has been made on a non-cumulative basis. So in October and each month thereafter, it is treated as being your first month of employment, ignoring your income and any allowances used up until that point in the tax year.

si2008

was made redundant so took some time off 18 months to chill lol but went back into work last oct..yes i do get cleaning uniform allowance..but that code has been on my wage slips every week just wondered why i have the x after my tax code of 950l