Tax Code K Meaning
Understand the K tax code including how it is worked out by HMRC, what it means and why it is given to individuals in certain situations.
Tax Codes
What tax codes are, how they’re worked out and what to do if you think your code is wrong.
Simple Assessment Explained
HMRC always recalculate the tax that someone has paid once a tax year has ended. If for some reason it turns out someone was on the wrong tax code and they owe additional tax, then they will issue a simple assessment. What is an HMRC Simple Assessment? If you are employed or receive a pension, …
Emergency Tax Code
A guide to the emergency tax code, why it’s used, what it means to the amount of tax you are paying and how to fix your code.
Understanding Tax Codes
An overview of tax codes used by HMRC including how they are worked out, the letters commonly used and coding notices.
1185l Tax Code Meaning
If your payslip shows the 1185l tax code, then you’re on one of the most commonly used tax codes for 2018. In this guide, I’ll explain more about this code, including what it means, why it’s used and how to check it’s right for you. What is a Tax Code? A tax code is a …
P800 Refund
If you have paid too much income tax you will be due a P800 tax refund. Here’s how to check on the status of your tax refund.
P800 Letter
A P800 letter is issued by HMRC if you are employed or receive a pension following the end of the tax year (usually by November) once they have checked your tax records they find that you have paid too much or too little tax. A tax year starts on 6 April and ends 5 April …
Tax Code D0 Meaning
The tax code D0 means all your income is being taxed at 40% without any personal allowance being deducted.
0T Tax Code Meaning
0T tax code is an emergency code meaning all your income is being taxed without any personal allowance being deducted.
Tax Code BR Meaning
BR stands for basic rate. It is an emergency tax code and means all your income is being taxed at the basic rate (20%) without any personal allowance being deducted.