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Cannot live on 23L tax code - PLEASE HELP!

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Comments

  • sheramber
    sheramber Posts: 24,100 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)
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