How can i check the tax paid via PAYE is correct, online calculators are are all different

pete1975

morning,  I ve had issues in the past with tax code changes due to taxable benefits increasing.   I was hoping this was the last month before the start of the new tax year that i have to worry about what my monthly pay would be.
i've tried various tax calculators online and the tax amount is different to what is showing on my wage slip.
Feb and march pay slips are the same tax code 611L
I received £209 gross more in march due to pay increase but the tax amount in Feb is £426 and tax in march is £816





Ive run the numbers through the MSE tax calculator but still doesnt match my pay slip..

molerat

YTD to M11 and M12 stand alone and YTD are both spot on by my spreadsheet. M11 stand alone doesn't seem to work but that is likely down to the large pension deduction having an effect on previous months. Putting the wrong figures into a tax calculator doesn't help.  Your salary for tax purposes is £50K not £64K and although you deduct the pension that gives a wrong NI deduction affecting the net. 

[Deleted User]

Yes - the Gross Pay at the bottom is actually the taxable pay in this instance - adds to the confusion somewhat. This appears to be £50095.38.

Also - the full personal allowance is used in the calculator but the code is 611L?

pete1975

molerat said:

YTD to M11 and M12 stand alone and YTD are both spot on by my spreadsheet. M11 stand alone doesn't seem to work but that is likely down to the large pension deduction having an effect on previous months. Putting the wrong figures into a tax calculator doesn't help.  Your salary for tax purposes is £50K not £64K and although you deduct the pension that gives a wrong NI deduction affecting the net. 

hi thanks for trying to explain it to me,  ive put those figures in the calculator which still doesnt match my wage slip,  not far out.   On first checking its looks as if i have paid over 400 more tax this month 

pete1975

purdyoaten2 said:

Yes - the Gross Pay at the bottom is actually the taxable pay in this instance - adds to the confusion somewhat. This appears to be £50095.38.

Also - the full personal allowance is used in the calculator but the code is 611L?

thanks, yep thats correct completely forgot about that.  i couldn't find how to adjust the MSE calculator  on tax code so ive calculated it on 
https://www.thesalarycalculator.co.uk/salary.php

chrisbur

pete1975 said:

molerat said:

YTD to M11 and M12 stand alone and YTD are both spot on by my spreadsheet. M11 stand alone doesn't seem to work but that is likely down to the large pension deduction having an effect on previous months. Putting the wrong figures into a tax calculator doesn't help.  Your salary for tax purposes is £50K not £64K and although you deduct the pension that gives a wrong NI deduction affecting the net. 

hi thanks for trying to explain it to me,  ive put those figures in the calculator which still doesnt match my wage slip,  not far out.   On first checking its looks as if i have paid over 400 more tax this month 

Had a look at the tax calculator you used and it appears that you forgot to set the tax year.  This tax figure is for 21/22 which appears to be the default setting.  You need to change it to 20/21 when you will get a tax figure of £10094.15 which suggests to me that they do not have the annual PAYE allowance set quite right; but that is about as close as you will get with nearly all tax calculators.  They nearly all assume that your income for the year is paid equally through the year which for a lot of people this makes no difference.  Problems arise with the monthly figures if you have earnings that change month by month if that results in some months having earnings above the monthly 40% tax band and some below it as in your case.  PAYE adjusts for these changes so that you may pay some 40% tax but if your taxable earnings drop some of that 40% tax is repaid to you.  This means you cannot rely on the monthly figures you get from the calculators though the annual figures will be near enough.
If you do want an accurate calculator that will give you a figure that matches PAYE for both annual and monthly figures you can use this one here but you do have to put in a bit more detail.
http://payecalculator.hmrc.gov.uk/PAYE0.aspx

pete1975

chrisbur said:

pete1975 said:

molerat said:

YTD to M11 and M12 stand alone and YTD are both spot on by my spreadsheet. M11 stand alone doesn't seem to work but that is likely down to the large pension deduction having an effect on previous months. Putting the wrong figures into a tax calculator doesn't help.  Your salary for tax purposes is £50K not £64K and although you deduct the pension that gives a wrong NI deduction affecting the net. 

hi thanks for trying to explain it to me,  ive put those figures in the calculator which still doesnt match my wage slip,  not far out.   On first checking its looks as if i have paid over 400 more tax this month 

Had a look at the tax calculator you used and it appears that you forgot to set the tax year.  This tax figure is for 21/22 which appears to be the default setting.  You need to change it to 20/21 when you will get a tax figure of £10094.15 which suggests to me that they do not have the annual PAYE allowance set quite right; but that is about as close as you will get with nearly all tax calculators.  They nearly all assume that your income for the year is paid equally through the year which for a lot of people this makes no difference.  Problems arise with the monthly figures if you have earnings that change month by month if that results in some months having earnings above the monthly 40% tax band and some below it as in your case.  PAYE adjusts for these changes so that you may pay some 40% tax but if your taxable earnings drop some of that 40% tax is repaid to you.  This means you cannot rely on the monthly figures you get from the calculators though the annual figures will be near enough.
If you do want an accurate calculator that will give you a figure that matches PAYE for both annual and monthly figures you can use this one here but you do have to put in a bit more detail.
http://payecalculator.hmrc.gov.uk/PAYE0.aspx

great thankyou so much for taking the time to explain it,  makes perfect sense to me.