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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
We're aware that some users are currently experiencing errors on the Forum. Our tech team is working to resolve the issue. Thanks for your patience.

Tax code 26/27, unpaid tax from previous year

124»

Comments

  • RG2015
    RG2015 Posts: 6,220 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic

    Mon 9 Feb 2026 07:54.

    Well I have to give credit to the HMRC IT system!

    I corrected my 25/26 and 26/27 SIPP income on Saturday and my 26/27 tax free amount has been increased by £500. This being driven by a £500 reduction in the untaxed interest being included in the calculation.

    I guess they had anticipated me going into the higher rate and losing £500 of my personal tax allowance.

  • LITRG
    LITRG Posts: 175 Organisation Representative
    Ninth Anniversary 100 Posts Name Dropper Photogenic

    Hi RG2015. You might find our guidance on tax codes and tax relief on pension contributions useful.

    PAYE codes | Low Incomes Tax Reform Group

    Tax relief on pension contributions | Low Incomes Tax Reform Group

    “Official Company Representative
    I am an official representative of LITRG (Low Incomes Tax Reform Group) part of the Chartered Institute of Taxation who are an educational charity. We are not part of MSE or HMRC. MSE has given permission for me to post on the Forum but this does NOT imply any form of approval of my organisation or its products by MSE. We can’t give individual advice, but if you require further help, we recommend that you contact a tax adviser, HMRC or one of the tax charities where relevant. You can find more information about where to get help with tax here. If you believe I am posting inappropriately please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"
★ ★ ★ 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
  • 354.5K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.4K Work, Benefits & Business
  • 604.2K Mortgages, Homes & Bills
  • 178.5K Life & Family
  • 261.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K 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.
Update Your Picture