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Getting Charghed NI Twice?
Valentas
Posts: 10 Forumite
in Cutting tax
Hi, I am employed as a full-time employee (non-contractor). Having looked through my payslip, it seems like I had too much tax deducted.
My Net pay was: 4272 this month
According to listen to tax man website, total deductions is 1150 and my pay should be 3126.
My payslip says the following:
Deductions: Tax (Code 0T M1) 1150 GBP
NI (category A) 378 GBP
For a total deductions of 1529 instead of 1150.
It seems like I paid employer's national insurance? Anyone can explain?
My Net pay was: 4272 this month
According to listen to tax man website, total deductions is 1150 and my pay should be 3126.
My payslip says the following:
Deductions: Tax (Code 0T M1) 1150 GBP
NI (category A) 378 GBP
For a total deductions of 1529 instead of 1150.
It seems like I paid employer's national insurance? Anyone can explain?
0
Comments
-
On £4272 0T M1 income tax is £1150.46 and NI is £378.84. LTT calculator gives £1150.47 tax and £379.09 NI. You are obviously doing something wrong (like ticking the I pay no NI box)
Never associate with idiots on their own level, because, being an intelligent man, you'll try to deal with them on their level - and on their level they'll beat you every time.
Being hated by idiots is the price you pay for not being one of them.
Jean Cocteau 1889-1963
0 -
....My Net pay was: 4272 this month
According to listen to tax man website, total deductions is 1150 and my pay should be 3126....
Err, 3126 is less than 4272. You've been overpaid by over a thousand quid. Why are you complaining?:)
Seriously, I think it's a case of GIGO. Speak to the payroll dept. They'll explain it to you.0
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