1008 tax code

zerocool237

I started a new job in June and i've noticed my tax code is 1008L/1, shouldn't the number be 1000?

McKneff

It should, youre right.


They are allowing you an extra £8 for something.
Professional magazines, any subscriptions etc.

ManAtHome

Will be an extra £85 - (£)1008x..? No Notice of Coding sent to you?

chrisbur

Unless you handed in a P45 with 1008L week1/month1 I would suspect the emergency tax code has been entered wrongly so would check with payroll dept.

zygurat789

zerocool237 wrote: »

I started a new job in June and i've noticed my tax code is 1008L/1, shouldn't the number be 1000?

There is no reason why it should. people have tax codes from K100 (or greater) which means you are taxed on your salary plus £1000, to numbers in excess of 1000 which would mean that they are taxed on their salary less £10,000.
Your code number depends on your personal circumstances. If you have very simple circumstances you have a code of 1000L space space space.

molerat

Possibly moved into a job with an £80 flat rate expenses allowance ? http://www.hmrc.gov.uk/manuals/eimanual/eim32712.htm

Anatidaephobia

1000L is the "standard" tax code with no alterations, expenses or specific circumstances but, without further information, none of us can say if your tax code "should" be 1000L or 1008L.

Have you had 80 flat rate job expenses from a previous employment? Have you ever claimed any expenses?

The simple thing to do would be phone the tax office and enquire about your code.

BoxerfanUK

My tax code is 1008, the extra £8 is for uniform laundering expense as I am a civil servant in uniform.

CLAPTON

BoxerfanUK wrote: »

My tax code is 1008, the extra £8 is for uniform laundering expense as I am a civil servant in uniform.

it's not £8
it's £80 and your tax is reduced by 20% of 80 = £16 per annum assuming you are a 20% tax payer.