This doesn't look right but HMRC say tax code is correct!?

bavli

zagfles wrote: »

It's salary minus gross contributions. So if it's sal sac, it's just your salary since that's already reduced by your gross contributions. If it's a RAS scheme then it's salary minus grossed up pension conts eg £26400 net to a RAS scheme = £33,000 gross.

There are other minor issues like you can take gift aid off, some trade union subs need adding back etc - see https://www.gov.uk/guidance/adjusted-net-income

So is my taxable income £88,000 - £33,000 -£11,000 personal allowance = £44,000 or do I not count the personal allowance, so taxable salary is £55,000?

zagfles

bavli wrote: »

So is my taxable income £88,000 - £33,000 -£11,000 personal allowance = £44,000 or do I not count the personal allowance, so taxable salary is £55,000?

£55k, don't take off the PA.