Do YOU know your 税金 code? HEATHER ROGERS explains how to follow the 手がかり（を与える）s and discover if you are 支払う／賃金ing the taxman too much (or not enough)

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Heather Rogers: Your 税金 code is very important and should be checked carefully, to make sure it is 訂正する

Heather Rogers is the 創立者 and owner of Aston Accountancy and This is Money's 居住（者） 税金 専門家.?

Do you ever receive your 税金 code in the 地位，任命する, look at it and not really understand what it means for your 税金 position?

It's even more 複雑にするd if you have more than one source of 税金d income, for example a 職業 and a 私的な 年金.

Your 税金 code is a very important 文書 and should be checked carefully, to make sure it is 訂正する.

If it is not, you could be 支払う／賃金ing too much or not enough 税金. Would you know how to check your code? Hopefully this will help you.?

What is a 税金 code?

A 税金 code is appl ied by your 雇用者 or 私的な 年金 provider to your 月毎の or 週刊誌 支払う／賃金 or 年金, and it 決定するs how much of your personal allowance is 税金 解放する／自由な.

Each individual has a personal allowance, which in 2023/24 is £12,570.?

Where do I find my 税金 code?

You should receive a letter 'Your 税金 code notice' which will 明言する／公表する the 税金 year the code 適用するs to and how it is worked out.

It will show your personal allowance and then, if applicable, 新規加入s and deductions from the allowance.

The 逮捕する 量 of the allowance and 調整s will be the 量 of allowance you are する権利を与えるd to. This is then 変えるd to your 税金 code, by dropping the last digit of the 量.

For example, If you have no other taxable income, and you are する権利を与えるd to the 十分な £12,570 of the personal allowance, your 税金 code will be 1257 followed by the letter 'L'.

If you don't receive a letter and have an online 税金 account at HMRC, for example if you とじ込み／提出する your own 税金 return, then you will 接近 it under '税金 Code'.

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• I got a shock £4k 税金 法案 after my salary went over £100k - why didn't work 除去する my personal allowance?
• I'm a vicar so the church 供給するs 住宅 and I rent out my family home - will I 借りがある CGT if I sell it?
• My daughters are swapping homes: Will they get stung on 資本／首都 伸び（る）s 税金?
• How can I stop my spendthrift son frittering away his 相続物件? Heather Rogers replies

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If you don't have an online account you can find it on your payslip or on your P60, but 耐える in mind that 税金 codes can change if your circumstances change during the 税金 year, so therefore it's a good idea to check your payslip, each month.

It is 価値（がある） 公式文書，認めるing here, that your 雇用者 only receives a notice advising what your 税金 code is, but not how it is calculated. If you think your code is wrong, then 接触する HMRC.

You can do this on the Income 税金 Helpline 0300 200 3300 or 経由で the HMRC '接触する us' page here.??

新規加入s to your 税金 code

These may be expenses you 背負い込む as part of your 職業 but your 雇用者 doesn't reimburse.

They could 含む 商売／仕事 travel, uniform costs, or 私的な 年金 出資／貢献s you 支払う／賃金 but do not receive 十分な 税金 救済 on, or other expenses incurred wholly, 排他的に and やむを得ず in the course of your 義務s.

Subtractions to your 税金 code

These could 含む 利益s you enjoy from your 雇用者, like car 利益s and 私的な health, or 税金 you 借りがある from an earlier 税金 year, or 明言する／公表する 利益s.

The 明言する／公表する 年金 落ちるs into the latter 部類. It will be deducted from your code as it is taxable income, but not 税金d at source.?

What might your 税金 code notice look like?

The coding notice will show the income source to which the code relates, and the payer of the income, such as the 雇用者's 指名する in the example below.

The ありふれた letters that appear after the 税金 code and what they mean are explained below. If you have more than one 職業 or a 職業 and a 私的な 年金, you will have a 税金 code for each.

The allowance to which you are する権利を与えるd will be 適用するd to the largest source first.?

So what do the letters after the 税金 code mean?

L ? You are する権利を与えるd to the 基準 personal allowance

T ? The 税金 code 含むs other 計算／見積りs to work out your personal allowance

M ? You've received a 移転 of 10 per cent of your partner's personal allowance

N ? You've made a 移転 to your partner of 10 per cent of your personal allowance

M1 (or X) - This is the 緊急 税金 code, where you will receive your personal allowance, but you will be 税金d on the income each month without 言及／関連 to previous 収入s in the 税金 year.?

Decoding your 税金 code: Where to find it, what to check, and how to challenge errors

This means you could be over or undertaxed if your income changes each month or you started a new 職業 part way through the 税金 year.

OT ? Your personal allowance has been used up どこかよそで against another source of income. It can also mean that your new 雇用者 doesn't have enough （警察などへの）密告，告訴（状） to work out an 緊急 税金 code.

NT ? You are not 支払う／賃金ing any 税金 on this source of income.

BR ? You are 支払う／賃金ing 税金 at the basic 率 (20 per cent) on this source of income. This is often the code for one of your 雇用s if you have more than one 職業.

DO ? You are 支払う／賃金ing the higher 率 税金 (40 per cent) on this source of income.

D1 ? You are 支払う／賃金ing the 最高の，を越す 率 税金 (45 per cent) on this source of income.

S ? Your income or 年金 is 存在 税金 at the Scottish 税金 率s.

What about the 'K' code?

This means the deductions from your personal allowance are more than the personal allowance itself. See the example below.?

In this シナリオ, £269 will be 追加するd to your 収入s over the course of the 税金 year to collect the 不足（高） in 税金 from the other income.

Your 雇用者 cannot take more than half your untaxed income when operating a K code.

If you are unlucky enough to 借りがある more than 50 per cent of your income in 税金, then any 税金 not collected is carried 今後 and would just be collected through your 税金 code until it's paid.

However, if the 未払いの 税金 越えるs the £3,000 税金 code collection 限界, then it cannot be collected through your code and would need to be paid to HMRC.

If you have difficulty 支払う／賃金ing your 税金, then 接触する HMRC. Call 0300 200 3820 or check HMRC's 支払い（額） problems webpage here.

>?税金 code 失敗s by HMRC: Heather explains?how to get problems 直す／買収する，八百長をするd and complain if the taxman won't budge

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