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Double Income - Emergency Tax

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2

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  • tigtag02
    tigtag02 Posts: 6,857 Forumite
    Part of the Furniture Combo Breaker
    talkinpeace wrote: »
    OK
    http://www.hmrc.gov.uk/manuals/pommanual/PAYE11015.htm#4
    point taken
    But what HMRC mean by emergency tax is not what OP meant by it.
    nor what it is taken to be in common parlance.

    Which is why the mistake should be corrected :grin:
    :heartpuls baby no3 due 16th November :heartpuls
    TEAM YELLOW
    DFD 16/6/10
    "Shut your gob! Or I'll come round your houses and stamp on all your toys" The ONE, the ONLY, the LEGENDARY Gene Hunt :heart2:
  • Zazen999
    Zazen999 Posts: 6,183 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Whatever:
    I am in agreement with you that they will use the Code 522L - One minute you say that emergency tax is not the basic rate, then you say that it remains 522L; which is pretty much the basic rate...my info is from the HMRC website as mentioned earlier.
  • tigtag02
    tigtag02 Posts: 6,857 Forumite
    Part of the Furniture Combo Breaker
    Zazen999 wrote: »
    Whatever:
    I am in agreement with you that they will use the Code 522L - One minute you say that emergency tax is not the basic rate, then you say that it remains 522L; which is pretty much the basic rate...my info is from the HMRC website as mentioned earlier.

    :confused::confused::confused:

    Emergancy tax code is 522L (either W/M 1 or not) A *normal* personal allowence/tax code is usually the same!

    BR is 22% of everything earnt with NO allowences!!

    522L is NOT the basic rate - they are two totally different things!!

    NOT anywhere have I contradicted myself!!!
    :heartpuls baby no3 due 16th November :heartpuls
    TEAM YELLOW
    DFD 16/6/10
    "Shut your gob! Or I'll come round your houses and stamp on all your toys" The ONE, the ONLY, the LEGENDARY Gene Hunt :heart2:
  • Zazen999
    Zazen999 Posts: 6,183 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I don't know - emergency and emergancy are totally different things - but in the context of the original question I think the point is now somewhat mute.
  • tigtag02
    tigtag02 Posts: 6,857 Forumite
    Part of the Furniture Combo Breaker
    Zazen999 wrote: »
    I don't know - emergency and emergancy are totally different things - but in the context of the original question I think the point is now somewhat mute.

    pulling me up on spelling really doesnt bring much credence to your argument :rolleyes: :rolleyes:
    :heartpuls baby no3 due 16th November :heartpuls
    TEAM YELLOW
    DFD 16/6/10
    "Shut your gob! Or I'll come round your houses and stamp on all your toys" The ONE, the ONLY, the LEGENDARY Gene Hunt :heart2:
  • Zazen999
    Zazen999 Posts: 6,183 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I am not arguing
  • tigtag02
    tigtag02 Posts: 6,857 Forumite
    Part of the Furniture Combo Breaker
    Zazen999 wrote: »
    I am not arguing

    You disagreed with what I said

    When I pointed it out in a way that you could no longer disagree you got personal and sarky to say the least

    I was quite happy discussing the EMERGENCY tax code but you appear to have swayed off topic :rolleyes:
    :heartpuls baby no3 due 16th November :heartpuls
    TEAM YELLOW
    DFD 16/6/10
    "Shut your gob! Or I'll come round your houses and stamp on all your toys" The ONE, the ONLY, the LEGENDARY Gene Hunt :heart2:
  • jem16
    jem16 Posts: 19,594 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Zazen999 wrote: »
    Whatever:
    I am in agreement with you that they will use the Code 522L - One minute you say that emergency tax is not the basic rate, then you say that it remains 522L; which is pretty much the basic rate...my info is from the HMRC website as mentioned earlier.

    £1000 per month on tax code 522L = £101.92 in tax.

    £1000 per month on BR (basic rate) = £220 in tax.

    Does that sound the same thing to you?

    TigTag is correct and the OP is not clear about what he means by Emergency Tax. However there is no point in making matters worse by giving inaccurate information.
  • Snaggles
    Snaggles Posts: 19,503 Forumite
    Zazen999 wrote: »
    I don't know - emergency and emergancy are totally different things - but in the context of the original question I think the point is now somewhat mute.
    [pedant] If we are pointing out spelling mistakes, it's actually 'moot'. [/pedant] :p;)

    (sorry :D)
    "I wasn't wrong, I just wasn't right enough."
    :smileyhea
    9780007258925
  • Bobby_Eightball
    Bobby_Eightball Posts: 4 Newbie
    Ho! Ho! Ho!

    Merry Christmas!!!
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