For questions regarding tax codes, call HMRC on 0300 200 3300. They will explain everything you need to know taking into account your personal circumstances.

Thank you very much for making this video. Such a big help

@imentor__

11 ай бұрын

No problem!

Keep it up bro it is a best and easy way to explain

Hi i am doing 2 different jobs, one of it got 415L M1 ( part time ) and latter one got 778L M1 (Main income ).The part time job tax code is keep changing every month whilst the other is same from last 3-4 months. So why is am paying higher tax every month on my part time job ?

Hi my tax code 1257L but today i show it’s changed to 1189Lx So what should i do

i have amount in west heritage bank 4527$ they need tax code for withdrawl the amount in my local bank what i do now to withdrawl amount

If I’ve got two jobs one paying 1257L and another BR tax code I’ve been paying BR since 2021 will I ever get back the tax ever ?

What doe tax code BR/0 mean? I am retired so I do not have an employer to speak with.

Hi, what does tax code 1022L means? I have only one job

Hi sir, I came this country 17 th November2023... And I am joining 2 places as chef.... But here joining my tax code change 1257L(first week salary) to 1203L WK1(after all) now P60 came another tax code 1203L W1(P 60)...If you know.... Why like that.... HMRC Call but no response... Before job place I ask P45... Still not come.... Pls what is difference....

Hi, im 17 and have been getting taxed when i shouldn’t be. My tax code right now is BR. Long story short, hmrc didnt know i was working so the problem lied with me employer. My employer is now asking me what tax code it should change to but i have no special knowledge about tax codes or what to change them to. Is there a specific tax code for 17 year olds that dont earn above the threshold

@imentor__

Жыл бұрын

Normally the code would be 1257L for this situation. However I would recommend you ring HMRC and ask ask they will be able to explain properly and help for your specific circumstances. 0300 200 3300

What does 2447L mean ? Before it was 1257 i dont know why it changed

I do a bit helping out if my old campany needs a driver my tax code is 118LX ?? What tax would be paid for any work i do for him ?

@imentor__

Жыл бұрын

Hi, This code is usually applied on a cumulative basis. That means that your tax position is recalculated each pay day using total pay to date and free-pay to date during the tax year. As a result, variations in income between months are averaged out.

Thansk iMentor... got an earlier job and my tax code was 1257l, resigned and got a new job and the tax code changed to BR, and the thing is i am now been taxed way more than the job i resigned from.....what could be wrong???

@imentor__

7 ай бұрын

Hi, it’s most likely they are just confused at how much your earning. Did you give a P45 slip to your new employer? (You should have got one from your previous employer). They usually use the code BR (Basic Rate) when they are unsure of your situation. You can always give HMRC a call on the number in my pinned comment. They’ll help you out!

Hi My Tax Code is1257L Weekly 50hrs i have allowed but i earn 47.5hrs acrul half hours they deduct i dnt understand how many % tax they deduct kindly can u clear me thanks

Does the emergency tax code change or how do I get it changed I have a p60 from my old job.

@imentor__

9 ай бұрын

It changes when HMRC get more information from your employer or you. So you can call them on the number in my pinned comment.

@mssang5201

9 ай бұрын

Thank you so much for answering! Appreciate it!

Hi, I have worked in company A （full time）for a week then I resigned. 1 month later I entered company B（part time）. Is company B regarded as my second income？

@imentor__

Жыл бұрын

Hi, as you were not earning Company A salary for the same time period as Company B, then it would not be classed as second income as you resigned from company A. A P45 from your employer would confirm this and show that Company B salary is now primary income.

@yannechoy694

Жыл бұрын

@@imentor__ However, I have not gave P45 to my employer, and HMRC classed Company B as my second income. The HMRC does not have an email address, how can I submit P45 to HMRC?

@imentor__

Жыл бұрын

I recommend that you call them. See: www.gov.uk/government/organisations/hm-revenue-customs/contact/income-tax-enquiries-for-individuals-pensioners-and-employees

@yannechoy694

Жыл бұрын

@@imentor__ Thank you very much for your information and advice☺️

448T / M1 what is mean ?

OT w1 tax code willing change to normal automatically?

@imentor__

8 ай бұрын

It will change when HMRC receive more information about your salary

I haven't worked for 9 years since coming out of college because I couldn't get the job I wanted, so I recently started at tesco and have been given the tax code OT, what does this mean

@imentor__

Жыл бұрын

OT is an emergency tax code that HMRC attaches to your salary if they don't have enough details to figure out how much tax you should pay. You will currently have no Tax free allowance and so you should contact HMRC to give them more details about your job.

@Thalasius

Ай бұрын

9 years?? What have you been doing in that time.

Do u know about tax code 154L

hi, what does tax code S255 mean？Is that I do not have personal allowance？

@imentor__

Жыл бұрын

Hi, depends on your personal situation but its basically a rule that says you don't have to pay income tax on some work-related expenses and benefits.

Chettan supperaaaa❤

Hello, my tax code has been changed from 1257l to 439t at this new job and I’m getting taxed more now please help

@imentor__

9 ай бұрын

The letter ‘t’ would suggest that HMRC think you have 2 incomes. I would suggest you call them from the number in my pinned comment.

i have tax code on my salary slip OT NONCUM so can i correct it

@imentor__

8 ай бұрын

This is an emergency tax code, you should call HMRC to correct it

Hi, I have 1221L tax code but I don’t really understand why I have this code

@imentor__

Жыл бұрын

Hi, 1221L looks like HMRC have taken an amount off your personal allowance to collect a bit more tax from you which could be for a number of reasons. Therefore probably best to call them and ask. The number is on my pinned comment :)

@rinaldiveronica2342

Жыл бұрын

@@imentor__ I will thank you

Hi How long should someone be on an emergency tax code ( BR) ? I have been on since Oct 2021 .... ( I have contacted HMRC numerous times and update with p45 and p60 ) Thanks

@imentor__

Жыл бұрын

Hi, normally the emergency tax code will stay in place until the end of the tax year or until your employer receives the correct tax code. In your case I would question them why you still have this code despite your efforts to provide the correct documents.

Hi there Can you please solve my problem as I am student I can work only 20 hours but I am working in 2 agencies at same time but I maintain my hours. Can you please tell me that will I have to pay tax or anything else to do with this situation?

@imentor__

Жыл бұрын

Hi, if you are earning over the tax threshold for both jobs (£12,570 for 2023/24) then you are required to pay tax. This will either be through your agency employer or you will have to do a self assessment.

@sharangill8571

Жыл бұрын

@@imentor__ thank you for your reply I actually earn nearly 200 per week (20 hours restrictions) with 1257L (no tax and NI) now my earnings is still same but with two different companies this time. So I actually want to know will they cut any tax or should I have to work with only one company?

@sharangill8571

Жыл бұрын

@@imentor__ I actually confused about taxation system so I came through your video .

@imentor__

Жыл бұрын

@sharangill8571 No problem! Do you work 20hrs per week for both? So 40hrs all together?

@sharangill8571

Жыл бұрын

@@imentor__ no no only 20 hours e.g 12 hours in one company and 7 hours in second company

88T what's the meaning of this code, please response??????

@imentor__

7 ай бұрын

Hi, a T usually means you do get a personal allowance, which is dictated by the number before it. However, it also means your tax affairs need to be reviewed by HMRC as they are still unsure how much you should be correctly taxed. I recommend you call them.

My taxcode is 0, What does it mean?

@imentor__

Жыл бұрын

Hi, is it followed by a letter, or just a 0?

How do I get tax code on my payslip there is no code.

@imentor__

Жыл бұрын

You can find your Tax code online or in the HMRC App. See link below: www.gov.uk/check-income-tax-current-year

@amerqureshi3802

Жыл бұрын

Thank you so much much appreciated. Hopefully once I have made an account. I will get a tax code. As they have taken alot of tax from my first payslip.

@imentor__

Жыл бұрын

If you have any problems, give them a call.

@amerqureshi3802

Жыл бұрын

I will do thank you. Once I get the code I can give the tax code to my employees. Hopefully get the money back they taxed.

My tax code changed to 988L from 1257L..pls is there any reason why this happened?

@imentor__

3 ай бұрын

This means your personal allowance has increased to £12,570. This is the normal tax code for most people.

@ebukanwadinobi2116

3 ай бұрын

@@imentor__ it is now 988L but was formerly 1257L..my question is what may have caused the change to 988L from 1257L

@imentor__

3 ай бұрын

So essentially the opposite. Your tax allowance is now £9888. It can happen for a few different reasons. Most of the times due to workplace benefits that reduce your allowance e.g. Private Medical Insurance. Your specific situation may differ.

Hi What does an X mean next to an M on the tax code ?

@imentor__

Жыл бұрын

Hi, is it MX or XM?

@umm7522

Жыл бұрын

One wage slips shows 1257L/X and the next lot of 3 wage slips show 1383M/X what do they both mean?

@imentor__

Жыл бұрын

X is usually used as an emergency tax code when HMRC are not sure what code to apply. L is your personal allowance. M is usually assigned for Marriage allowance. So depending on your circumstances it can mean a multiple of things. I recommend you call HMRC as they will explain it exactly. Best number to call is 0300 200 3300

@umm7522

Жыл бұрын

@@imentor__ yes my husband had 2 jobs for the month of May, but now as of June only has one job so it's just little confusing. Yes maybe better to call HMRC and clarify and ensure correct tax code is applied. Many thanks for you video and also your prompt replies much appreciated def will be subscribing to your channel very informative info. Hope to refer to future videos for any tax queries.

@imentor__

Жыл бұрын

No problem! As your husband had 2 jobs in one month, that will explain the confusion and the emergency tax code they applied. Hope your call with them clarifies it.

Taking away your income from your allowance? I think you said it wrong. It should be taking away your allowance from your income leaves you with 3000. I came here to clear my tax confusions just to know that this video confused me more.

What does a W16 Tax means?

@imentor__

Жыл бұрын

Hi, is that the whole tax code?

What those tax code 511T means.

@imentor__

Жыл бұрын

Hi, a "T" at the end of a tax code usually means that HMRC has applied a restriction on the personal allowance that you are entitled to receive.

K77 ??

Loved the vid. I have a question that you may, hopefully, be able to answer. I used to have a married allowance 13?? something which included a 10% from my non working wife's allowance. Then I got divorced and it changed to 1257M1 22/23 (for the entire year) which I assumed was the single persons allowance. I have just noticed that for the entirety of 23/24 year it was 1152L. Could you shed some light on why I now don't seem to have my full tax allowance? Thanks

Ive got K885 what is mean?pay about 40% tax now..

@imentor__

Жыл бұрын

Hi, Tax codes with 'K' at the beginning mean you have income that is not being taxed another way and it's worth more than your tax-free allowance.

@imentor__

Жыл бұрын

Usually have this code when you owe tax from a previous year or you have benefits that you need to pay tax on.

@legalass44

Жыл бұрын

@@imentor__ gifted money is being transferred could be this a problem?

@imentor__

Жыл бұрын

Is this personal gift money or a company gift money?

@legalass44

Жыл бұрын

@@imentor__ personal

What L mean in tex code

@imentor__

Жыл бұрын

Hi, ‘L’ just means that you ate entitled to the standard tax-free Personal Allowance