We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Cannot live on 23L tax code - PLEASE HELP!

Options
2»

Comments

  • sheramber
    sheramber Posts: 22,520 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    Tax due in 2018/19 on 54k on code 1100l is £858 per month not £500.

    Tax due on 54k on code 23l is £1167

    increase £359 per month
  • Apodemus
    Apodemus Posts: 3,410 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
    I wonder if it is relevant that the OP alternates between talking about child benefit and “child care payments”. Perhaps the under payment of tax relates to Tax-free Childcare allowance?
  • Gerrymouse
    Gerrymouse Posts: 53 Forumite
    UPDATE After 8 weeks (in case anyone else has this issues) I finally spoke to someone who was incredibly helpful, it seems my income/outgoings perplexed them and they seen I had deficit cash after outgoings. Once I explained I actually have £100 at the end of each month and 2 loans ending in 4 months but could repay £100 starting now, they have reversed my tax code back, will reimburse my tax paid to date and review in 5 months to see if I can increase the repayments (as two loans will have finished)
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
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only 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.