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I was just wondering....
GIBBARD789
Posts: 1 Newbie
in Cutting tax
Hello
im 20 now and i have been working since i was 16, and i was just been looking at my pay slips recently, and the tax code on my slips is 522L i had a look online and saw that this is the emergancy tax code? If so im unsure why im on it, and does anyone know if this is a good thing or bad thing?
if anyone knows as im really unsure
Thanks
Gibbard
im 20 now and i have been working since i was 16, and i was just been looking at my pay slips recently, and the tax code on my slips is 522L i had a look online and saw that this is the emergancy tax code? If so im unsure why im on it, and does anyone know if this is a good thing or bad thing?
if anyone knows as im really unsure
Thanks
Gibbard
0
Comments
-
522L is your correct tax code - if you have been with the same employer since before April 2007 then this tax code will have been used properly and you will have paid the correct amount of tax.I have had brain surgery - sorry if I am a little confused sometimes
0 -
As others have said this is not an emergency tax code. If it was it would have Wk1 or Mnth1 after the code which stands for Week 1 or Month 1. The emergency tax code just means that your tax free allowance is not cummulative.
HTH0
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