For the past three months i have been paying BR tax code. After numerous phone calls to the tax office and my payroll they have finally issued me with 503L, then i was told that next pay will be on a month one basis (which i assume will show as 503L M1?). And apparently i will not be getting my rebate. What does this mean? Will i have to pay excess tax again? Or less? And what about after that?
Additional Details
15 hours ago
I do have another part-time job. The revenue had actually sent me notification that my fulltime job will be on 503L so i rang payroll to make sure they have recieved it too... they hadnt... so i had to call the revenue to fax it over ... twice. The last time i called my employers payroll they said the months will be on a month one basis. I still dont understand the cumultative/non cumulative process. Its all too confusing!
2006-11-18
22:27:39
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4 answers
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asked by
Anonymous
in
United Kingdom