Tax code - !!! vs noncumul

junglejame911

Hi,
Just have a query about my tax codes. Never understood this very well so stick with me.



I started a new job in September 2013 and sent in p45 from previously employment.


From September 2013 to April 14 I was on 63T NONCUM.
(Basic pay 3307.75 – PAYE 648.90)

From the start of this tax year I have been on 186T CUMUL.
(Basic pay 3307.75 – tax 606.51)


I didn’t receive the usual notice that outlines what my tax code for the incoming year.



Does anyone know why I have changed from non-!!!. to cumul? Does this all look correct?

PS no idea why the title of this has all those exclamation marks, it should have read "Tax code - !!! vs noncumul"

PPS Its done it again and I think I've just realised why! - Its before the watershed and all that! c u m vs noncumul

jem16

junglejame911 wrote: »

Hi,
Just have a query about my tax codes. Never understood this very well so stick with me.



I started a new job in September 2013 and sent in p45 from previously employment.


From September 2013 to April 14 I was on 63T NONCUM.
(Basic pay 3307.75 – PAYE 648.90)

From the start of this tax year I have been on 186T CUMUL.
(Basic pay 3307.75 – tax 606.51)


I didn’t receive the usual notice that outlines what my tax code for the incoming year.



Does anyone know why I have changed from non-!!!. to cumul? Does this all look correct?

You really want to be on a cumulative tax code as opposed to a non-cumulative code as it will ensure your tax is correct over the course of the year.

However what is more important is why your tax code is 186T. Do you have another job and your tax code is split between the jobs?

junglejame911

I don't have another job or source of income. What does the "T" refer to?

jem16

junglejame911 wrote: »

I don't have another job or source of income. What does the "T" refer to?

The T is used when there are other items that HMRC need to review in your tax code. That could be 2 jobs or a reduction in the income related personal allowance.

Do you earn over £100k?

notanewuser

He probably does by now. (Doctor )

There were 2 jobs last year:

junglejame911 wrote: »

[FONT=&quot]I was looking for the answer to the same question myself. [/FONT]
[FONT=&quot]According to HMRC website [/FONT]
[FONT=&quot]Your earning [per year][/FONT]
[FONT=&quot]National Insurance rate[/FONT]

[FONT=&quot]Earnings up to £7748[/FONT]
[FONT=&quot]0%[/FONT]

[FONT=&quot]Earnings between £7748 and £41,444[/FONT]
[FONT=&quot]12%[/FONT]

[FONT=&quot]Earnings £41,444 or more[/FONT]
[FONT=&quot]2%[/FONT]


[FONT=&quot]My primary job earns me well above 50k. My second job is around 30k (variable). Both public sector through PAYE and as such a higher rate tax payer. I would assume all NI contributions on my second job should be 2% but seem higher on the payslip - does anyone else have this experience?
[/FONT]
[FONT=&quot]
[/FONT]

junglejame911

I wish!

I'm on £39,693/yr. I'm really not sure what the other items might be. Guess I'll have to phone them.

notanewuser

junglejame911 wrote: »

I wish!

I'm on £39,693/yr. I'm really not sure what the other items might be. Guess I'll have to phone them.

When you had 2 jobs, was your tax code split? Sounds like you've brought part of a tax code to this job rather than a whole one.

junglejame911

notanewuser wrote: »

When you had 2 jobs, was your tax code split? Sounds like you've brought part of a tax code to this job rather than a whole one.

Ah, maybe that was it. . . I had assumed if there were no further earnings HRMC would realise I was no longer in that employment. Both previous employers issued a P60 - I always assumed a copy of that went to HMRC?

As you have pointed out, things were very different a year ago (sadly) so maybe that's where the confusion has arisen.

jem16

notanewuser wrote: »

When you had 2 jobs, was your tax code split? Sounds like you've brought part of a tax code to this job rather than a whole one.

Certainly sounds possible although I can't see why they would split it with a primary income of £50k.

Possibly more likely that they think the OP is earning over £100k.

jem16

junglejame911 wrote: »

Ah, maybe that was it. . . I had assumed if there were no further earnings HRMC would realise I was no longer in that employment. Both previous employers issued a P60 - I always assumed a copy of that went to HMRC?

A P60 is given to those still in employment. A P45 should have been issued when you left one or both jobs.

junglejame911

jem16 wrote: »

A P60 is given to those still in employment. A P45 should have been issued when you left one or both jobs.

I suspect that what has happened is that I am still officially on the books of my "previous" second employer which was a sort of agency for providing emergency cover even though I haven't done any work for them in ages.

Does my current tax code have any implications for me? (apart from the fact it is probably wrong?!).

Am I likely to be paying too much or too little?

Thanks so much for all the replies btw. Where would we (I) be without these forums?