Is your new tax coding correct?
We are seeing more errors in PAYE codings than before as HMRC’s systems move towards automated processing.
For example, projected underpayments are being included in codings for previous years when they shouldn’t be, and on occasion where one off pension payments are received, those are taken as continuing affecting personal allowances!
Whilst this may be a temporary system blip, in our experience it is best to check all codings carefully and speak with HMRC if you are at all unsure. If, of course, we can assist in doing this for you, why not give us a call?
Whilst we have no reason to believe the above is not accurate it is for general guidance only. Buick & Co Chartered Tax Advisers and Tax Consultants take no responsibility whatsoever for this blog, its reliability or any actions you take having read it.