Tax code is always wrong 14 January 2020 at 8:44AM edited 30 November -1 at 12:00AM in Cutting Tax 8 replies 563 views

lknights1987

Hi all,

I have been working for my current employer for the past 2 years and every year I'm receiving letters from HMRC saying that I haven't paid enough tax so therefor my tax code is changing.

I also received the same letter when I was at my previous company for 2 years so 4 years running now I am receiving a letter from HMRC .

The HR department doesn't seem to be interested so I thought I'd ask on here and see if someone can offer me some advice on where I can go to make sure I am on the right tax code and not paying too much as right now I am paying £440 per month tax and £200 NI on a £29,300 per year salary.

frugalmacdugal

Hi,


so what code are you on?

spadoosh

HR wont be interested, its not their problem. Tax codes are personal. We have over 50 staff and there must be 20+ different tax codes applied to them of the top of my head.

Its based on your personal circumstances. Your employer does not know what your personal circumstances are. Things like marriage allowances, expense allowances, repayment codes, emergency codes all make a difference to what an individual might owe in tax.

You need to speak to HMRC. On the face of it youre paying too much tax, your NI is about right. Youre not getting much if anything of a tax free allowance. This could be due to having an increased code to cover arrears from previous years so could be right.

Speak to HMRC and they should be able to clarify everything for you. Tel: 0300 200 3300

lknights1987

frugalmacdugal wrote: »

Hi,


so what code are you on?

I'm on tax code 199L

BoGoF

And how is that code made up?

Is that the same code your employer us using?

comeandgo

Do you have other income? Pensions, rent? Do you have a company car?

Dazed_and_confused

I suspect the op is going to have provide details from multiple tax years to get to the bottom of this and know for certain if the tax code is now on the right lines.

lknights1987

comeandgo wrote: »

Do you have other income? Pensions, rent? Do you have a company car?

No other income. I have a company car yes and pay the lowest % for pension.

Dazed_and_confused

No one is going to be able to offer any meaningful help unless you provide some real details.