Are you paying too much tax due to a wrong tax code?
‘I got back £4,300 just by checking my tax code was right’ – HMRC repaid a woman thousands after she discovered she was taxed as if she received child benefit.
The above was a story in the guardian ( ‘I got back £4,300 just by checking my tax code was right’ | Tax | The Guardian ) that rings true for a lot of people.
People will often end up on the wrong tax code as incorrect information has been passed to HMRC somewhere along the line.
For example – your old employer doesn’t report that you have left their employment, HMRC starts to think you have 2 jobs.
Perhaps you applied for Marriage Allowance year ago and HMRC still believes you want it applied.
Getting your tax code corrected just involves a call to HMRC, so is relatively simple to fix.
If you are having trouble with your tax code, give Sharon a call on 0203 151 2354.
AllianceCA – helping you keep more of your money