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Non-Coded Income - Help?

Comments

Dead_keen Posts: 257 Forumite

16 September 2021 at 12:59PM

Dead_keen said:

Is it a fudged figure to deal with the difference between the 7.5% dividend tax rate and the 20% income tax rate on employment income (£7k x 7.5% / 20%).

Scrap what I said. I read "non-coded" as coded. What I wrote is relevant to amounts taken into account when your tax code was done.

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UtopiaNomad Posts: 10 Forumite

16 September 2021 at 7:32PM

Dead_keen said:

Dead_keen said:

Is it a fudged figure to deal with the difference between the 7.5% dividend tax rate and the 20% income tax rate on employment income (£7k x 7.5% / 20%).

Scrap what I said. I read "non-coded" as coded. What I wrote is relevant to amounts taken into account when your tax code was done.

Will submitting a self assesment for 21/22 resolve any issues anyway?

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