Wrong Tax Code?

MNM2903
MNM2903 Posts: 322 Forumite
Fifth Anniversary Debt-free and Proud!
I have been in the same job since June 2014 and i was on the correct tax code up until april this year when my tax code changed to 50l which allowed earnings of £500 before i was required to pay tax.

Im on a basic salary of 18k and i do earn uncapped comission aswell which varies each month.

I got the tax code changed anyway but they changed it to 906l which allows me to earn £9600. Everyone on my team seems to have a tax code of 1006l or similar allowing a tax free allowance of £10600 which i believe is correct.

Is there any reason why mines lower? am i missing something? i havent got or had a second job atall and as much as id like to speak to HMRC about it i work shifts and even on my half hour dinner cant get through to them?

Comments

  • TadleyBaggie
    TadleyBaggie Posts: 6,536 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Any taxable benefits provided by your employer?
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    MNM2903 wrote: »
    I have been in the same job since June 2014 and i was on the correct tax code up until april this year when my tax code changed to 50l which allowed earnings of £500 before i was required to pay tax.

    Im on a basic salary of 18k and i do earn uncapped comission aswell which varies each month.

    I got the tax code changed anyway but they changed it to 906l which allows me to earn £9600. Everyone on my team seems to have a tax code of 1006l or similar allowing a tax free allowance of £10600 which i believe is correct.

    Is there any reason why mines lower? am i missing something? i havent got or had a second job atall and as much as id like to speak to HMRC about it i work shifts and even on my half hour dinner cant get through to them?


    if you owe no back tax
    and you have no benefits in kind
    then you ought to have a 10600 tax allowance i.e tax code 1060L

    you should have received a notice of code change explaining why.

    only HMRC can tell you

    however you can query the taxcode online

    https://online.hmrc.gov.uk/shortforms/form/P2
  • MNM2903
    MNM2903 Posts: 322 Forumite
    Fifth Anniversary Debt-free and Proud!
    Any taxable benefits provided by your employer?

    None atall, like i say everyone on my team seems to be on a 1006L Code.
  • MNM2903
    MNM2903 Posts: 322 Forumite
    Fifth Anniversary Debt-free and Proud!
    CLAPTON wrote: »
    if you owe no back tax
    and you have no benefits in kind
    then you ought to have a 10600 tax allowance i.e tax code 1060L

    you should have received a notice of code change explaining why.

    only HMRC can tell you

    however you can query the taxcode online

    https://online.hmrc.gov.uk/shortforms/form/P2

    Yeah im going to ring them when im off work as i need a good hour or so to get through.

    Ill check out that link also. Thanks
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    MNM2903 wrote: »
    Yeah im going to ring them when im off work as i need a good hour or so to get through.

    Ill check out that link also. Thanks

    Ring them first thing in the morning, they officially open at 8 but you may get your call answered from 7:45. And if you are going to start quoting tax codes to them, make sure the numbers are correct as you've made several errors in this thread (e.g. 1006L code that you mention should be 1060L).
  • MNM2903
    MNM2903 Posts: 322 Forumite
    Fifth Anniversary Debt-free and Proud!
    agrinnall wrote: »
    Ring them first thing in the morning, they officially open at 8 but you may get your call answered from 7:45. And if you are going to start quoting tax codes to them, make sure the numbers are correct as you've made several errors in this thread (e.g. 1006L code that you mention should be 1060L).

    yeah thats just me not having the numbers in front of me. Ill just make sure they have the right one for me as im sure my tax code should be different to the one im on. Thanks Agrinnall
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349.7K Banking & Borrowing
  • 252.6K Reduce Debt & Boost Income
  • 452.9K Spending & Discounts
  • 242.6K Work, Benefits & Business
  • 619.4K Mortgages, Homes & Bills
  • 176.3K Life & Family
  • 255.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.