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P45 / Signing off HELP!!
Luis-FlightManWithAPlan
Posts: 336 Forumite
in Cutting tax
Hello! I was after some info in the most basic way possible please!
Im starting work mid Jan,i should sign off the jobcentre the first week of Jan(as its new year ect) in the past I have had to wait weeks and weeks for my P45 to come threw,if the worst come to the worst and id have to wait say a month after my start date at work to get my P45 what would happen?
Would I a) still be able to work ok? and b) how much tax would I have to pay roughly?
Cheers:beer:
Im starting work mid Jan,i should sign off the jobcentre the first week of Jan(as its new year ect) in the past I have had to wait weeks and weeks for my P45 to come threw,if the worst come to the worst and id have to wait say a month after my start date at work to get my P45 what would happen?
Would I a) still be able to work ok? and b) how much tax would I have to pay roughly?
Cheers:beer:
Dec Wins : Gold Leaf Necklace
Jan Wins : Tell No One Dvd
Jan Wins : Tell No One Dvd
0
Comments
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Yes you would be able to work.
You would be taxed at the so-called emergency rate (522L month 1 basis) until your details came through). In many cases that would make little difference to the tax you pay.
You could be in the same position if you have a P45 and your new employer doesn't process it in time for your first pay packet0 -
To add to the above post, make sure you ask your new employer for a form P46 - otherwise you will be put on BR code.£705,000 raised by client groups in the past 18 mths :beer:0
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In addition to the above posts, would recommend you make the signing off and starting the new job concurrent to ensure your NI contribution record is complete.
Cannot comment on the amount of tax paid without more information, but as the other have said it should be fairly normal. Anyway make a check towards the end of the tax year and you have paid too much and don't get an automatic adjustment contact your tax office0 -
Hi guys,thakyou for your posts. There was a few things I wanted to pick up on in the last two posts.
What is BR code?
and also
Why is it important to have my NI intact? as for the past year(before I signed on) I hav'nt worked at all or claimed due to illness.
Cheers!Dec Wins : Gold Leaf Necklace
Jan Wins : Tell No One Dvd0 -
Luis
BR is a basic rate coding, put simply your charged 22% tax on every whole pound you earn
your NI contributions will determine your entitlement to a state pension when you retire
Finally in relation to your P45 question if you explain your signing off to start work then the DSS should issue your P45 with your last payment, you should receive this without delay. If you are having to wait then simply escalate your enquiry within the DSS or ask to make an official complaint.
Just because you receive benefit payments it doesnt affect your rights to receive a P45 when these payments cease.0 -
Thankyou Sonic for clearing up my questions

If I dont get my P45 quick ill chase them up for it asap,otherwise I guess ill be on the Br code for a month.
Cheers!Dec Wins : Gold Leaf Necklace
Jan Wins : Tell No One Dvd0
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