P46

POO_HEAD

Hi everone i`m new to this forum and i just thought i`d pop in and ask for some advice.

If i didnt, for my own personal reasons, want my new employer to see my P45 form and instead chose to fill out a P46 form can they still find out how much i`ve earned and how much tax i`ve paid so far in this tax year?

Am i right in the understanding that the emergency tax code would then be used? If the emergency tax code is would it be used for the remainder of the whole of the tax year?

I have a copy of the P46 form infront of me and i was also wondering what cumulative and non-cumulative on a week 1/month 1 basis means? I know roughly some of the answers to the questions i`ve asked but i thought i`d just ask to make sure.

Whoever reads this thank you and whoever replies back bless you

chrisbur

Hi

If you just fill in a P46 your pay and tax figures will in due course be sent to your new employer.
On your P45, employee's notes on part 2, it tells you what to do in your circumstaces.

Going to a new job

Give this form (Parts 2 and 3) to your new
employer, or you will have tax deducted using
the emergency code and may pay too much tax.
If you do not want your new employer to know
the details on this form, send it to your Inland
Revenue office immediately with a letter saying so
and giving the name and address of your new
employer. The Inland Revenue office can make
special arrangements, but you may pay too much
tax for a while as a result.

The tax code used if you filled in a P46 would depend on what you ticked. If you ticked that this was your only or main job then yes emergency tax would be used, and as advised above if you did nothing else it would be used untill the tax office advised your new employer of your tax code and your previous pay and tax figures on a P6.

When tax is applied on a cumulative basis each week or month tax is worked out on the basis of how much you owe at that time in the tax year, and from that is deducted how much you have paid. The differance is how much is deducted for that week or month.
Non-cumulative or week1/month1 looks only at the earnings for that period and tax is deducted by taking those earnings and deducting one week or month of your tax allowance.

POO_HEAD

Thanks for replying Chrisbur

Can i be cheeky and ask you another question please..........on your P45 form, parts 2 and 3 that you`re supposed to give to your new employer, is the amount of pay and tax shown in item 7 the grand total of absolutely everything that you`ve earned and been taxed for in the whole of the tax year from any and all work done or are the figures shown in item 7 just the total amount of pay and tax for the job that you`ve just left?

chrisbur

Hi

The figures at item 7 should be the total of your taxable earnings and tax paid for all jobs in this tax year providing that you worked in these jobs one after the other. If you have also been working for a second employer or had some other taxable income eg pension or self employment then these will not be included. Also may be slightly different if all your pay was not taxable, eg if you were in a company pension scheme.

You will know if this figure agrees with how much you have been paid so far this year and if you think that something has been missed it would be as well to sort it out with the tax office, now rather than later.

POO_HEAD

Thanks again

I`ll let you know why i`m being so inquistive. At the begining of the tax year i was claiming jobseekers allowance for about 5 weeks then i signed off and was working self employed (of which i dont need to pay any tax on until they send out next years self assessment tax forms) for about 4 months and now i`m currently 6 weeks into my second jobseekers claim of the year.

When i began my second spell on the dole i gave them the same P45U that they issued me with when my last claim ended. I take it that obviously when this claim ends and they issue me with a P45U to give to my next employer it will show the total earnings from both claims.

The only reason i ask is because i want to tell my next new employer that the total unemployment earnings on my P45U are from just this spell on the dole only and not from two seperate spells on the dole during the same tax year, which surely i can get away with doing seeing as they dont itemize the earnings on Parts 2 and 3 of the P45U form that i hand to them.

It`s not exactly honest but I personaly dont think it looks good that i`ve signed on twice in one year, where as if i say that these benefits were recieved during just one claim it looks just that bit better on my C.V for me.

liney

I honestly doubt payroll will take a second glance, and certainly won't run off waving it at the Personnel Department...

However, if you fill in a P46 and tick statement B, you will be put on Wk1 which will mean you get a bog standard weekly tax allowence with no previous earnings taken into account. The tax office will send a Notice of coding which will give figures for the entirity of the tax year ie one figure for earnings and one for tax paid which i assume is what you want.

POO_HEAD

Thanks for the advice Liney and Chrisbur