mlucas666 - Member
Scapegoat - interesting, but you are 40% taxpayer so the system will obviously be more beneficial to you as a result. I was referring to the basic rate which is more relevant to a lot of people.
I'm unclear as to why the market value is factored into your PAYE code. Normally it's a single payment to secure ownership and avoid becoming a Benefit in Kind.
Just got the email the other day. HMRC calculate that I owe them £100 in tax and will adjust my code so I can even pay that off over the year. I hate to use phrases like "I won't even miss it" as that makes me sound arrogant, but I've got to admit it's a pleasant surprise given that I'd expected to pay the £100 out of December's paypacket.