Payslip tax codes may appear to be merely a jumbled collection of letters and digits, yet they play a vital role in calculating the amount of tax deducted from your earnings. Should these codes be ...
HMRC has clarified one of its tax rules, as you may pay a different amount of tax from what your records suggest. The matter came to light after a taxpayer contacted the authority. They were concerned ...
Each person gets a standard personal allowance, meaning they can earn up to £12,570 each tax year without paying income tax ...
You may want to contact HMRC to make sure your details are correct ...
A benefit of checking through your tax account or the HMRC app is that you can also discover what your tax code was for previous tax years. Through these systems, you can also register for paperless ...
A taxpayer contacted HMRC as they had seemingly paid the wrong amount of tax ...
HMRC has explained how tax codes work after a confused taxpayer questioned a refund followed by a tax code change ...
In this case, HMRC calculates how much state pension you receive over the year by working out one week at your previous rate of state pension and 51 weeks at the new rate, and adjusting your tax code ...
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