We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 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!

Rather pay tax outright than have code adjusted

Bandy2023
Bandy2023 Posts: 40 Forumite
10 Posts First Anniversary Name Dropper
Hi, all
I have yet to lodge my tax return, but I am ready to.
One thing I noticed in my online calculation is "amount of underpaid tax included in your tax code for 2024-25 = £ 2042.00"
I agree with the amount, but I just want to pay it, I don't want my tax code adjusted.
How do I change this??

EDIT - I can see how to adjust this now

Comments

  • Dazed_and_C0nfused
    Dazed_and_C0nfused Posts: 17,933 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Bandy2023 said:
    Hi, all
    I have yet to lodge my tax return, but I am ready to.
    One thing I noticed in my online calculation is "amount of underpaid tax included in your tax code for 2024-25 = £ 2042.00"
    I agree with the amount, but I just want to pay it, I don't want my tax code adjusted.
    How do I change this??
    Hasn't your tax code been adjusted for this for the last 9 months or so 🤔

    If you remove that entry doesn't your Self Assessment liability increase by £2,042?
  • Bandy2023
    Bandy2023 Posts: 40 Forumite
    10 Posts First Anniversary Name Dropper
    edited 3 January at 9:42AM
    Bandy2023 said:
    Hi, all
    I have yet to lodge my tax return, but I am ready to.
    One thing I noticed in my online calculation is "amount of underpaid tax included in your tax code for 2024-25 = £ 2042.00"
    I agree with the amount, but I just want to pay it, I don't want my tax code adjusted.
    How do I change this??
    Hasn't your tax code been adjusted for this for the last 9 months or so 🤔

    If you remove that entry doesn't your Self Assessment liability increase by £2,042?
    I've no idea  :'(
    I don't think it has been, I've not noticed any drop in net salary and no notification of a code change in the post.
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
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.3K 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.