📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Two P45s and Two problems

I worked for company 1 for a year and got a job with company 2 immediately. (My last wage from company 1 was a month after leaving). I worked at company 2 for six weeks but had to leave. Company 2 sent me a P45 immediately. I've been paying emergency tax with them. A week later - company 1 gave me theirs. I have two questions. How do I get off emergency tax / claim refund? And which P45 do I give a new employer?

Comments

  • chrisbur
    chrisbur Posts: 4,258 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    The latest one, HMRC will advise them of the earlier details.  From details given you may have had an overlap of tax allowances and are currently undertaxed.  If this is the case HMRC might spread this over the rest of the tax year to avoid it all being taken at once.
  • Dazed_and_C0nfused
    Dazed_and_C0nfused Posts: 17,685 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    edited 28 October 2024 at 9:42AM
    I worked for company 1 for a year and got a job with company 2 immediately. (My last wage from company 1 was a month after leaving). I worked at company 2 for six weeks but had to leave. Company 2 sent me a P45 immediately. I've been paying emergency tax with them. A week later - company 1 gave me theirs. I have two questions. How do I get off emergency tax / claim refund? And which P45 do I give a new employer?
    It is use of the emergency tax code that probably means you have underpaid tax, not paid too much.

    Not that anyone will have done anything wrong here, it's just how PAYE works.

    What tax code do you think is the correct one?  Most people tend to be on the emergency tax code (1257L) anyway so when you move from one employer to another you can end up with two paydays (one from each employer) in the same tax period and receive two lots of tax code allowances.  Leaving you owing tax.
  • penners324
    penners324 Posts: 3,517 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Give them P45 of the main role, probably company 1.

    Hmrc will update your new company after your first pay
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.