PAYE codes 2011-12
March 22nd, 2011
Firstly, be aware that HMRC has, as a cost saving, ceased sending copy PAYE codes to agents. So your agent won’t know that there is something wrong with your code unless you tell them.
Secondly HMRC is fond of including adjustments to your tax code to cover almost any kind of expected income to save them the trouble of collecting the taxz after the year-end Self-Assessment return is submitted.
HMRC can include almost any type of adjustment in your code but you are not obliged to accept them unless they relate to your earnings or pensions received. So ask HMRC to remove any you do not agree with.
The content of this article is for general information only. It should not be relied on and action which could affect your business or personal circumstances should not be taken without appropriate professional advice.
Articles by month
- April 2013
- February 2013
- June 2012
- May 2012
- April 2012
- March 2012
- November 2011
- March 2011
- January 2011
- November 2010
- June 2010
- April 2010