Expenses put through with PAYE & Overtime

BrotherUuurgh

I've just had my first full months pay at my new job, having been struggling by last months on two weeks worth. Lovely to see a chunky payslip again. Over the previous month I used some of my own money (which I've already paid tax on) to purchase things necessary to do my job, and this been repaid by the company, however I noticed it's been put through with PAYE and my overtime. I asked my higher-up about it and they say that I won't be paying tax on it. I'm happy enough taking someone's word, but I've been burned by two consecutive previous employers with regards to expenses and unpaid overtime, so forgive me if I'm a little unsure about things.

Is there a way for me to check if I will have paid tax on this? Is my higher-up's word gospel?

Thanks 🙂

General_Grant

What does your last payslip show for
Gross taxable pay to date
Tax paid to date
Tax Code

Dazed_and_C0nfused

BrotherUuurgh said:

I've just had my first full months pay at my new job, having been struggling by last months on two weeks worth. Lovely to see a chunky payslip again. Over the previous month I used some of my own money (which I've already paid tax on) to purchase things necessary to do my job, and this been repaid by the company, however I noticed it's been put through with PAYE and my overtime. I asked my higher-up about it and they say that I won't be paying tax on it. I'm happy enough taking someone's word, but I've been burned by two consecutive previous employers with regards to expenses and unpaid overtime, so forgive me if I'm a little unsure about things.

Is there a way for me to check if I will have paid tax on this? Is my higher-up's word gospel?

Thanks 🙂

Yes, look at the detail on your payslip.

BrotherUuurgh

Thanks guys, I'm just not quite sure how to read them is all. 

I'd just put relevant payslip info here but deleted it before posting as I realised the Taxable Pay line is what matters. Long as the difference between allowances and taxable pay equals my expenses claim, I'll have paid no tax, right? 

Thanks for helping me understand 😊

Dazed_and_C0nfused

BrotherUuurgh said:

Thanks guys, I'm just not quite sure how to read them is all. 

I'd just put relevant payslip info here but deleted it before posting as I realised the Taxable Pay line is what matters. Long as the difference between allowances and taxable pay equals my expenses claim, I'll have paid no tax, right? 

Thanks for helping me understand 😊

Payslips can use different terminology and show different things.

What you can normally check quite easily is what your gross income on a particular payslip is (earnings, expenses, overtime, bonuses etc) and what the taxable pay for that payslip is.

That should enable you to determine what has been treated as taxable income.

badmemory

You should however keep your payslips until the end of the tax year & then when you get your P60 at the end of the tax year check that it all agrees & then keep that P60.  You've had problems with past employers so keep this stuff to watch your back.  Check everything.  It is harder for it to happen now but years ago I know someone who worked for a company for well over 20 years.  HMRC had no idea & had received none of his tax & NI payments.  So no state pension.

BrotherUuurgh

Quite the fraud that, stole their retirement. There certainly are some employers out there for sure, thankfully my issues were comparatively minor, however going from my two previous small companies to a much, much larger one, I feel a bit more secure. My question was raised because of past experiences, but does show my naivety to a lot of financial matters.