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Hello Everyone

I would like to know what is Tax Code 522L W1 means? I phoned the tax office they said W1 meaning is the Week 1 but I just got my payslip for July 07 and still produce with 522L W1. Please help. Thank you.

2007-07-25 19:53:44 · 1 answers · asked by noorlailaibrahimfindlay 1 in Business & Finance Taxes United Kingdom

1 answers

This is called an Emergency Code. Every week is taxed as though it is the first week of the tax year. This means that previous weeks are not counted so no allowance is made for any weeks when you weren't working.
Speak to the tax office again and ask them why you haven't got a proper code yet.

2007-07-29 10:04:41 · answer #1 · answered by Philip W 7 · 0 0

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