Tax code 1257L changed to BR

perfecto99
perfecto99 Forumite Posts: 2
First Post
Newbie
Hi,

In my previous job I was on tax code 1257L, I left at the end of December 2022 and was paid for some unused holidays.  I then received no salary in January, February.  I started a new job at the beginning of March.  I received my first pay at the end of March with the same 1257L tax code which included a £2000 signing on bonus.  Since then my last two paychecks have been on code BR which is taxing me like I have no tax free allowance this year and reducing my monthly income by around 12% of the expect amount.  Is this likely to be a temporary change or I will I continue to not have the standard £12k tax free allowance?  My company pays an annual bonus in April every year which I would receive next year, can I expect this to continue indefinitely?

Comments

  • molerat
    molerat Forumite Posts: 30,473
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    You need to contact HMRC to get it sorted.  Do you have access to your on line tax account ?  If so what does that show for you employments, they likely have you down as both jobs.
  • Dazed_and_C0nfused
    Dazed_and_C0nfused Forumite Posts: 11,479
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    Has your previous employer notified HMRC that you ceased in employment with them?

    Not being paid doesn't necessarily mean this has happened 
  • perfecto99
    perfecto99 Forumite Posts: 2
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    I'll definitely give them all call, my online portal only shows the one employer.  Interesting my previous employer never send me a p60, for the new job I had to go online and get my tax summary/code to provide to my new employer myself.  Thanks.

    I think you could be right my previous employer didn't do what they were supposed to.
  • Albermarle
    Albermarle Forumite Posts: 18,693
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    I'll definitely give them all call, my online portal only shows the one employer.  Interesting my previous employer never send me a p60, for the new job I had to go online and get my tax summary/code to provide to my new employer myself.  Thanks.

    I think you could be right my previous employer didn't do what they were supposed to.
    They should have given you a P45.
    I had the same trouble, but in my case they added both salaries together ( new and old job) and of course I paid a lot of extra tax at 40% until it was sorted out .
  • Penguin_
    Penguin_ Forumite Posts: 1,126
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    You wouldn't get a P60 from your previous employer as you weren't under their employment on the 5th April, you should have had a P45 but it sounds like they havent marked you as a leaver with them & notified HMRC. Contact your former employer & ask for a P45, when they send it check to ensure the leave date is correct.
  • penners324
    penners324 Forumite Posts: 2,235
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    Sounds like your old employer hasn't let HMRC know that you've left
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