Change in Tax Code

thrifty_not_tight

Hi. I'm not sure I've posred this in the right place but none of the optiond seemed appropriate.

Hoping someone can advise me as HMRC are impossible to get hold of.
I received an email today advising that my tax code is changing so they can claw back around £1k.
I don't have huge savings so not interest related. Nothing has changed in my job so the only think I can think of is to do with a small pension I claimed in April 2024.

It was worth approximately £5k and I received £4k so assumed the pension company had deducted the tax but why then am I paying twice?

Does this sound likely? There is nothing elae I can think it is.

Sarahspangles

thrifty_not_tight said:

Hi. I'm not sure I've posred this in the right place but none of the optiond seemed appropriate.

Hoping someone can advise me as HMRC are impossible to get hold of.
I received an email today advising that my tax code is changing so they can claw back around £1k.
I don't have huge savings so not interest related. Nothing has changed in my job so the only think I can think of is to do with a small pension I claimed in April 2024.

It was worth approximately £5k and I received £4k so assumed the pension company had deducted the tax but why then am I paying twice?

Does this sound likely? There is nothing elae I can think it is.

Have they changed your tax code for the current tax year or 2025/26? If the latter, they may assume your pension is going to be paid annually.

molerat

Are you a higher rate tax payer ?

thrifty_not_tight

Sarahspangles said:

thrifty_not_tight said:

Hi. I'm not sure I've posred this in the right place but none of the optiond seemed appropriate.

Hoping someone can advise me as HMRC are impossible to get hold of.
I received an email today advising that my tax code is changing so they can claw back around £1k.
I don't have huge savings so not interest related. Nothing has changed in my job so the only think I can think of is to do with a small pension I claimed in April 2024.

It was worth approximately £5k and I received £4k so assumed the pension company had deducted the tax but why then am I paying twice?

Does this sound likely? There is nothing elae I can think it is.

Have they changed your tax code for the current tax year or 2025/26? If the latter, they may assume your pension is going to be paid annually.

Ahh that makes sense! Thanks for that. I will need to persist in trying to call them to clarify.

thrifty_not_tight

molerat said:

Are you a higher rate tax payer ?

No not even close 🙂

Marcon

thrifty_not_tight said:

Sarahspangles said:

thrifty_not_tight said:

Hi. I'm not sure I've posred this in the right place but none of the optiond seemed appropriate.

Hoping someone can advise me as HMRC are impossible to get hold of.
I received an email today advising that my tax code is changing so they can claw back around £1k.
I don't have huge savings so not interest related. Nothing has changed in my job so the only think I can think of is to do with a small pension I claimed in April 2024.

It was worth approximately £5k and I received £4k so assumed the pension company had deducted the tax but why then am I paying twice?

Does this sound likely? There is nothing elae I can think it is.

Have they changed your tax code for the current tax year or 2025/26? If the latter, they may assume your pension is going to be paid annually.

Ahh that makes sense! Thanks for that. I will need to persist in trying to call them to clarify.

Have you logged into your personal tax account, which might shed a bit of light: https://www.gov.uk/personal-tax-account

Sarahspangles

thrifty_not_tight said:

Sarahspangles said:

Have they changed your tax code for the current tax year or 2025/26? If the latter, they may assume your pension is going to be paid annually.

Ahh that makes sense! Thanks for that. I will need to persist in trying to call them to clarify.

When they email I use the HMRC app to look at my Personal Tax Account. Even if you then need to speak to them, you’ve got a bit more info.

BikingBud

Marcon said:

thrifty_not_tight said:

Sarahspangles said:

thrifty_not_tight said:

Hi. I'm not sure I've posred this in the right place but none of the optiond seemed appropriate.

Hoping someone can advise me as HMRC are impossible to get hold of.
I received an email today advising that my tax code is changing so they can claw back around £1k.
I don't have huge savings so not interest related. Nothing has changed in my job so the only think I can think of is to do with a small pension I claimed in April 2024.

It was worth approximately £5k and I received £4k so assumed the pension company had deducted the tax but why then am I paying twice?

Does this sound likely? There is nothing elae I can think it is.

Have they changed your tax code for the current tax year or 2025/26? If the latter, they may assume your pension is going to be paid annually.

Ahh that makes sense! Thanks for that. I will need to persist in trying to call them to clarify.

Have you logged into your personal tax account, which might shed a bit of light: https://www.gov.uk/personal-tax-account

I also got an email and went to check on the app but there is no change to any of my income or my tax code.

I am not sure if this is a glitch but will check again in a few days.

Dazed_and_C0nfused

thrifty_not_tight said:

Hi. I'm not sure I've posred this in the right place but none of the optiond seemed appropriate.

Hoping someone can advise me as HMRC are impossible to get hold of.
I received an email today advising that my tax code is changing so they can claw back around £1k.
I don't have huge savings so not interest related. Nothing has changed in my job so the only think I can think of is to do with a small pension I claimed in April 2024.

It was worth approximately £5k and I received £4k so assumed the pension company had deducted the tax but why then am I paying twice?

Does this sound likely? There is nothing elae I can think it is.

If you want to understand what has happened you really to get a bit more information.

Which tax year is the new tax code for?

What specific item has reduced your tax code allowances by ~5,000 (to "claw back £1k)?

Was the small pension paid out in the 2023-24 or 2024-25 tax year?

Do you not have the taxable pension and tax deducted figures?

thrifty_not_tight

I did check but in my panic misread it 🫣

Its my allowance that has reduced by £1k and the additional amount they will be collecting is £240.

Hopefully it will sort itself out in time.

Thanks everyone 🙂

ali_bear

BikingBud said:
I also got an email and went to check on the app but there is no change to any of my income or my tax code.

I am not sure if this is a glitch but will check again in a few days.

Me too. Personally I think HMRC are struggling with their workload.