£9 difference in tax allowance

[Deleted User]

badger09 wrote: »

NWP & TPA

Two of my favourites:rotfl:

I’ll raise you a WEE and WEIA.

The Revenue mob are out.

chrisbur

jimmo wrote: »

If you were really old…. When I joined the Inland Revenue the single person's allowance (AS) was £220 and the code number was 200. The married man's allowance (AM) was £340. That code was 500.
Never managed to work out the logic behind that.

Would it have been round about tax year 73/74 that we changed to the current system of tax codes?

[Deleted User]

chrisbur wrote: »

Would it have been round about tax year 73/74 that we changed to the current system of tax codes?

http://www.taxhistory.co.uk/Income%20Tax%20Allowances.htm

Looks like 79/80. The budget used to be in the Spring when the personal allowances for the following tax year were set. However this did not happen until week seven and all assessments already issued had to be altered to take account of the new allowances. I remember a colleague mistakenly using 3115 instead of 3155 for around 1500 manual assessments. Loads of tipex used - all paper in those days.

chrisbur

[Deleted User] wrote:

http://www.taxhistory.co.uk/Income%20Tax%20Allowances.htm

Looks like 79/80. The budget used to be in the Spring when the personal allowances for the following tax year were set. However this did not happen until week seven and all assessments already issued had to be altered to take account of the new allowances. I remember a colleague mistakenly using 3115 instead of 3155 for around 1500 manual assessments. Loads of tipex used - all paper in those days.

Memory going with age. I started as a wages clerk in 1972 and looking back it felt like I was using the old system (pre L H P V etc codes) for a year or two. Guess the time just flew by.