Tax codes when children are involved

dawnm96700

Oh well got my hopes up for nothing then We never seem to get lucky and get money back from the tax man

Thanks for all your replies

dmg24

tigtag02 wrote: »

522L is correct on his P60 and is NOT Basic Rate

Check his latest wage slip ~ you will find its changed to 543L

Your tax code changes yearly with the budget and the changes the chancellor makes within it

Sorry, but you're not owed anything from The Tax Man

Talk about great minds! x



Scuttles back to try to get books to balance ... :think: :dance: :doh:

Conor_3

dawnm96700 wrote: »

Why does your tax code change every year?

Because the personal allowance does.

What difference does that make?

More money you get free of tax.

tigtag02

dmg ~ have you not done that yet :eek:

marvin

dawnm96700 wrote: »

I know that everyone can earn so much before they start getting taxed on it, but does your tax code allowance go up when you have children?

Im asking as my partner hasnt changed his tax code since our son was born 3 year ago so is paying higher tax and still on basic tax code.

Can this be reclaimed and if so how much hassle would it involve?

You are claiming child tax credit?

This replaced the married mans tax band when tax was equalised to get rid of the sex discrimination in the tax system.

The bands no longer rise with children as they used too.