Paid more tax in April ??

jkmoreton

Hi all,

Just wondering if someone can advise ? i get taxed the same amount each month give or take a few pounds but in my April wage slip i was down around £40, do they balance it out over the year so if your down in what you have paid overall this year they then take it out in April the last month of financial year to balance it out ??

thank you in advance if anyone can help

chrisbur

jkmoreton wrote: »

Hi all,

Just wondering if someone can advise ? i get taxed the same amount each month give or take a few pounds but in my April wage slip i was down around £40, do they balance it out over the year so if your down in what you have paid overall this year they then take it out in April the last month of financial year to balance it out ??

thank you in advance if anyone can help

What was the date of your April payslip if 6 April or later it is the first payslip for this tax year not the last for last tax year.
Either way to give any answer you need to give full details of the payslip and the one before.
Taxable gross, tax paid, tax code, tax basis, taxable gross to date and tax paid to date.

jkmoreton

Thanks Chrisbur,

i seem to have gone from tax code 876l to 746l, i have a feeling my old company whom i had a company car with are the reason even though i left them in june 2012, is there any places i can get help with this e.g citizens advice as when i speak to HMRC they just say i need to speak with my old employer who are extremley difficult to say the least, any help whatsover is much appreciated

Caz3121

Do have any Benefit in Kind elements such as private healthcare, fuel card etc?
Have you had an underpayment in previous years?
You should have a coding notice to show how the 746 code is worked out

chrisbur

jkmoreton wrote: »

Thanks Chrisbur,

i seem to have gone from tax code 876l to 746l, i have a feeling my old company whom i had a company car with are the reason even though i left them in june 2012, is there any places i can get help with this e.g citizens advice as when i speak to HMRC they just say i need to speak with my old employer who are extremley difficult to say the least, any help whatsover is much appreciated

This suggests that the payslip you are referring to is the first for the new tax year. The increase in tax may be partly or fully accounted for by the code change, cannot tell which without the figures, so as Caz3121 says you need to check the coding notice and if you do not have one request it from HMRC.

xylophone

https://www.gov.uk/tax-company-benefits/tax-on-company-cars
might be worth a look.

TighterThanTwoCoatsOfPain

What car did you have? A tax code of 700 something is unlikely to include BIK for a car unless it's a very low value/ low CO2