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Tax code on DB pension
agent69
Posts: 365 Forumite
I have some unpaid tax from several years ago, and in September HMRC gave my DB provider a new tax code to recover the shortage in the current tax year.
Assuming the unpaid tax is cleared this financial year, will HMRC automatically send the DB provider a new tax code to put things back the way they were, or is some form of intervention needed to ensure the over-payment does not continue?
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Comments
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They will issue a new code as appropriate.
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If you've not yet got a personal tax account, it's worth setting one up and you can follow HMRC's machinations in due course! https://www.gov.uk/personal-tax-accountagent69 said:I have some unpaid tax from several years ago, and in September HMRC gave my DB provider a new tax code to recover the shortage in the current tax year.Assuming the unpaid tax is cleared this financial year, will HMRC automatically send the DB provider a new tax code to put things back the way they were, or is some form of intervention needed to ensure the over-payment does not continue?Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!0
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