Tax query on salary

I wanted to query my pay which has been very difference 3 out of 4 months this year. Since Jan I have been on 3 different tax codes and my salary has been down each change, could anyone let me know why this is?

I'm on a salary of £47,000 and get a car allowance of £4500 each year. I have a company car on our car scheme which is a monthly payment of £471 and I also pay a season ticket loan after tax of £88. Below is my Net pay and tax codes since Jan

Jan-16 £2,647.17 881L
Feb-16 £2,589.57 708LM1 difference from Jan £57.60
Mar-16 £2,589.57 708LM1 difference from Feb £0.00
Apr-16 £2,425.66 220L difference from March £163.91
Total difference since Jan £221.51

Details around my monthly gross pay and deductions

Pre Tax Monthly Pay
Gross Notional Salary £3916.67
Car Allowance £375.00

Pre Tax Deductions
Flexible Benefits - Critical Illness -£1.68
Flexible Benefits - Dental -£9.31
Flex Car Flex -£471.69
Pension -£37.21
Flex - Dining Card -£5.00
PAYE Tax -£899.46
National Insurance - £352.99

Deducted After Tax
Season Ticket -£88.67

Any help would be great as I hate seeing my salary go down

Comments

  • Darksparkle
    Darksparkle Posts: 5,465 Forumite
    Tax is looked at on a tax year basis, not a calendar year. The tax year runs 6th April to 5th April.

    So to know if your tax was correct, you want to look at your total taxable pay for the year and the tax already paid.

    Your taxable pay will be made up on salary, car allowance, car benefit, possibly fuel benefit (if company pays for any private fuel), plus any other taxable benefits.

    You'll get a P60 to confirm your pay and a P11d for the benefits.

    As for the change in tax codes, HMRC should have sent you a coding notice to explain.
  • m150984
    m150984 Posts: 9 Forumite
    Thanks.

    I didn't get any notice from HMRC. My car allowance and car payment only started in Jan. I think I'll give the Tax office a call in the morning, usually they just confuse me with tax talk and I just give up and accept it
  • Caz3121
    Caz3121 Posts: 15,789 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    there should have been a coding notice sent when your code changed. Do HMRC have the correct address for you?
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.