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Not enough tax paid
Swgohmsf9468
Posts: 1 Newbie
in Cutting tax
I have just received a Tax calculation stating I have not paid enough tax. How is this possible ? I have been working for the same company for 9 years I have no other jobs or income my company pays the tax (Sainsburys), I have no benefits in-kind such as health care or dental no company car it is just a straight full time job.. No savings worth mentioning approx £1000 and no extra funds to pay this tax I have supposedly not paid what do i do or what are my options
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Comments
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What exactly does the calculation show?0
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Could be many reasons, how much is it and how often are you paid? If there is no other income them could be a week 53 payment.Swgohmsf9468 said:I have just received a Tax calculation stating I have not paid enough tax. How is this possible ? I have been working for the same company for 9 years I have no other jobs or income my company pays the tax (Sainsburys), I have no benefits in-kind such as health care or dental no company car it is just a straight full time job.. No savings worth mentioning approx £1000 and no extra funds to pay this tax I have supposedly not paid what do i do or what are my options
Chances are it will be collected through next years tax code.0 -
If you are four weekly paid ( as I understand most Sainsbury's employees are) and received pay on Friday 5/4/24 then this will have been paid as week 56 and result in owing tax.
Details here....
https://www.litrg.org.uk/news/important-information-employees-being-paid-4th-or-5th-april-2024
The combination of it being a leap year and the 4th and 5th being Thursday and Friday the most likely weekly paydays will I suspect mean quite a few being affected by the week 53 54 56 rules.0 -
What's your salary?
How much more tax?
How did they message you? Email / text message? - could be a scam0
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