It’s important that you understand your tax code, so that you can check you’re paying the correct amount of tax. Your tax code is a quick way for you, your employer, HMRC and your pension [...]
An administration error has led to some Welsh taxpayers being charged the Scottish rate of income tax by mistake. How has this tax code mix-up happened? Since April this year, the Welsh Assembly are able [...]
The quick answer is “yes, the new Personal Allowance amount does change your tax code”. The longer answer includes the good news that you are paying less tax and why its effect on your tax [...]
Your National Insurance Number is your unique reference number which records the amount of National Insurance (NI) payments you have made. It is a combination of letters and numbers and it stays the same throughout [...]
At the start of every tax year, HMRC issues all UK taxpayers with a new tax code. It is how HMRC tells you, your employers and others, how much tax you should be paying. How [...]
2013-2014 New Tax Codes Throughout January, February and March HMRC will be sending many tax-payers new tax codes for the 2013-2014 tax year. The tax codes being sent out are PAYE coding notices or P2 [...]
It is normal for each new tax year to bring a new tax free personal allowance which is reflected in each tax payers tax code. Many people will receive a new tax code notification also [...]
