Watch Your Tax Code

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Profile	Posted by	Options	Post Date
Member Since: November 2005 Posts: 2,399 Send Message	ElizabethK	Report	28 Feb 2010 14:51
	There were warnings re this earlier in the year-if you put "Tax Codes" in the search box there is a thread " BBC warns people to check Tax Codes"-it explains what is happening
Member Since: February 2003 Posts: 5,071 Send Message	BrianW	Report	28 Feb 2010 14:19
	In January I received a tax code for next year which included a deduction for £664.63 tax underpaid in a previous year. I rang the tax office and asked which year it related to and was told 2005/2006, so I asked for an assessment to show how that had arisen. No assessment was forthcoming, but this week I received a fresh code which makes no mention of the underpayment. So it is well worth checking your code. Without doing so I would have ended up paying over £650 too much tax next year.
	Researching: Sherwood (Kent); Jesson (London); Worboys (Herts)