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  • Anyone know anythign about tax codes?
  • rickon
    Free Member

    Apparently I’ve been on the wrong tax code this year, and should have been on another, so due a refund.

    Was on 757L now on 810L, any idea what the percentage difference is – or the way to work out the refund? Alps trip soon, so be nice to not be very much in debt…

    br
    Free Member

    not a lot, and £600 gross, across the year

    ebygomm
    Free Member

    Refund won’t be that much, that’s the extra tax free allowance. So paid tax on 600quid that you didn’t need to.

    DrP
    Full Member

    As above – it basically raises your tax free allowance.
    You were allowed circa £7,600 before you paid tax, now it’s £8,100.

    So it’ll be £5-600 difference gross, which depending on your tax band, will be ‘a few ‘undred quid back’, give or take….

    DrP

    rickon
    Free Member

    Well, that’s OK – would pay for my flight, so I’ll be happy with that.

    ~Cheers chaps 🙂

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