Started new job - difference in tax codes?

Matty36

Started new job few weeks ago. On my first payment the tax code was 1250L / 1 and paid the right amount of tax according to various tax calculators online.

On my 2nd payment, my tax code changed slightly to 1250L / 0 and paid no tax and recieved all the tax back from the first payment.

Does that sound correct to anyone? Doesn't look like i was on emergency tax on the first week due to paying the correct amount in income tax. So I'm a tad confused by it

Lorian

are you on less than £12,500 a year?

Always worth checking your PAYE records here, you should see records for both employments.

https://www.gov.uk/personal-tax-account

Matty36

No, 31k per year

Update. Thanks for that link. Never knew that info existed online.

My account makes no mention of the 1250L/1 or 1250L/0. Only shows as 1250L. Also its saying that im going to be paying £211 income tax for the rest of this tax year, which is strange. I wish that was true lol but thats clearly incorrect.

JCS1

Have you had a gap in between employments for the current tax year? Did you give new employer a P45? If yes, what were the figures and date on the P45

Dazed_and_confused

1250L is the emergency tax code.

The 1 after it means it was being operated on a non cumulative basis i.e. only what was paid in that month was considered.

The 0 means the emergency tax code was used on a cumulative basis i.e. you received the benefit of 3/12ths of your tax code allowances (approx £3,127).

How many employers have paid you in the current tax year?

It sounds as though your current employer has not taken into account any earlier pay and tax information for the current tax year. If this is the first employer who had paid you in this tax year then all is probably ok (and you will start paying tax next month or the one after).

But if you have been paid in this tax year by a previous employer then you may owe some tax.