Quizzes & Puzzles5 mins ago
Tax code change, can I claim refund / rebate?
1 Answers
In January I took up a new job within the organisation I've worked for since 2004.
I used to have a tax code of 576L, which I had for 18 months was was because I could claim nearly 60p per mile travelling costs, working out about £200 to £250 a month in total.
From January, I no longer have to use my car for my new job and because I've joined a professional body and something else, I rang the tax office about a fortnight, three weeks ago and my latest pay slip has just come through.
My tax code has changed to 682L and I'm £70 a month better off...
but can I claim this back for Feb, March, April & May ?....
The lady at the tax office never mentioned this, so I'm guessing I can't claim it back and they'd say I should have notified them in January when I changed jobs.
Thanks.
I used to have a tax code of 576L, which I had for 18 months was was because I could claim nearly 60p per mile travelling costs, working out about £200 to £250 a month in total.
From January, I no longer have to use my car for my new job and because I've joined a professional body and something else, I rang the tax office about a fortnight, three weeks ago and my latest pay slip has just come through.
My tax code has changed to 682L and I'm £70 a month better off...
but can I claim this back for Feb, March, April & May ?....
The lady at the tax office never mentioned this, so I'm guessing I can't claim it back and they'd say I should have notified them in January when I changed jobs.
Thanks.
Answers
Best Answer
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For more on marking an answer as the "Best Answer", please visit our FAQ.Updating your tax code during the current tax year results in the PAYE system automatically correcting your tax for the year. The change you refer to gives you an extra £1060 per year which you won't pay tax on. At 20% that means that you'll be £212 per year (or a bit under £18 per month) better off. If you've just received a pay slip with an extra £70 on it, you've obviously received your full rebate for the current tax year (which started in April); don't expect future pay slips to be so generous!
It looks as if you might have around £35 owed to from the last tax year. Write to the tax office which deals with your organisation's payroll, explaining the circumstances, and await their reply.
Chris
It looks as if you might have around £35 owed to from the last tax year. Write to the tax office which deals with your organisation's payroll, explaining the circumstances, and await their reply.
Chris
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