Tax code change

Ccarle87

My tax code has recently been changed from S1089LX to S1269LX. I started a new job in August, and I’ve just been notified on this change now. When I look at the “how we worked out your tax code” section, it states Estimated tax you owe this year- £0. Am I missing something? 

Not very good with this kind of stuff so go easy!! 

Thanks 

molerat

They have increased your tax free amount to reduce the amount of tax collected, the original code was likely used to recover some underpaid tax due to change of employment.  This change will give you an extra £30 in your pocket if a basic rate payer. A tax code is simply a way to attempt to get the correct outcome by the end of the tax year.

Dazed_and_C0nfused

Ccarle87 said:

My tax code has recently been changed from S1089LX to S1269LX. I started a new job in August, and I’ve just been notified on this change now. When I look at the “how we worked out your tax code” section, it states Estimated tax you owe this year- £0. Am I missing something? 

Not very good with this kind of stuff so go easy!! 

Thanks 

That does seem strange.  

Do you get tax relief for job related expenses?

Do you know what was included in the previous tax code of S1089L?

Ccarle87

Dazed_and_C0nfused said:

Ccarle87 said:

My tax code has recently been changed from S1089LX to S1269LX. I started a new job in August, and I’ve just been notified on this change now. When I look at the “how we worked out your tax code” section, it states Estimated tax you owe this year- £0. Am I missing something? 

Not very good with this kind of stuff so go easy!! 

Thanks 

That does seem strange.  

Do you get tax relief for job related expenses?

Do you know what was included in the previous tax code of S1089L?

Not that I know of no, it’s all just a bit confusing for me 😂

Ccarle87

molerat said:

They have increased your tax allowance likely to refund some overpaid tax.

Ahhhh makes sense (I think)