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40% Emergency tax code
Comments
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X in your code means it operates month to month only so you won't get any refund for previous months from your employer.buyhighselllow said:So I have had notification from HMRC that the tax code is now BRx so maybe I will get refunded via the employer
I am sticking with the pension payments
1 -
Hisheramber said:
X in your code means it operates month to month only so you won't get any refund for previous months from your employer.buyhighselllow said:So I have had notification from HMRC that the tax code is now BRx so maybe I will get refunded via the employer
I am sticking with the pension payments
Grrr it was a substantial amount as well, do I have to wait til the end of the tax year |? I am only planning on working about another 10 days up until Xmas then finishing.Over £2K made from bank switches and P2P incentives since 2016 :beer:0 -
If you are confident that you have overpaid on that employment then just ask HMRC to issue the code on a cumulative basis.buyhighselllow said:
Hisheramber said:
X in your code means it operates month to month only so you won't get any refund for previous months from your employer.buyhighselllow said:So I have had notification from HMRC that the tax code is now BRx so maybe I will get refunded via the employer
I am sticking with the pension payments
Grrr it was a substantial amount as well, do I have to wait til the end of the tax year |? I am only planning on working about another 10 days up until Xmas then finishing.
Your employer will then recalculate your tax the next time they pay you (after receiving the new code) and the tax due at that point should be 20% of your taxable earnings in that new employment.1 -
yeah, they owe me nearly £500, hopefully sorted after todays callDazed_and_C0nfused said:
If you are confident that you have overpaid on that employment then just ask HMRC to issue the code on a cumulative basis.buyhighselllow said:
Hisheramber said:
X in your code means it operates month to month only so you won't get any refund for previous months from your employer.buyhighselllow said:So I have had notification from HMRC that the tax code is now BRx so maybe I will get refunded via the employer
I am sticking with the pension payments
Grrr it was a substantial amount as well, do I have to wait til the end of the tax year |? I am only planning on working about another 10 days up until Xmas then finishing.
Your employer will then recalculate your tax the next time they pay you (after receiving the new code) and the tax due at that point should be 20% of your taxable earnings in that new employment.Over £2K made from bank switches and P2P incentives since 2016 :beer:0
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