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more income tax than last year
oxford_yellow
Posts: 12 Forumite
in Cutting tax
Hi, got my new pay slip for April, have my new tax code as 1185L - but i have paid more income tax than i did last month/year, no salary increase or changes.
as the tax code has gone up, shouldn't i be paying slightly less income tax?
as the tax code has gone up, shouldn't i be paying slightly less income tax?
0
Comments
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It's difficult to say without more information.
Did you change jobs last year?
Did you only start part way through the year? Where you on an emergency tax code at some point?0 -
been in same role/company for 15months. was on emergency tax code for first month but that was rectified swiftly (by the next pay date) only difference was got a one off bonus end of march 2018.0
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Give us the figures and we can tell you if it's been calculated correctly (although it's quite unlikely that it hasn't been).0
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oxford_yellow wrote: »i have paid more income tax than i did last month/year, no salary increase or changes.
Can I point out that if you are in an auto enrolled workplace pension scheme the minimum employee contribution has just increased from 0.8% to 2.4% so that could account for a drop in take-home pay.
https://www.moneysavingexpert.com/savings/auto-enrolment0
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