PAYE different each month.
Discussion
What did you earn in April, May and June?
If it was more than you've been earning recently, then it would have been taxed as if you were going to be earning that much every month. As you're now earning less, then you're getting that tax back. As you get nearer to the end of the tax year, you're getting a larger "refund"
If you didn't earn more earlier in the year then I have no idea.
If it was more than you've been earning recently, then it would have been taxed as if you were going to be earning that much every month. As you're now earning less, then you're getting that tax back. As you get nearer to the end of the tax year, you're getting a larger "refund"
If you didn't earn more earlier in the year then I have no idea.
omniflow said:
What did you earn in April, May and June?
If it was more than you've been earning recently, then it would have been taxed as if you were going to be earning that much every month. As you're now earning less, then you're getting that tax back. As you get nearer to the end of the tax year, you're getting a larger "refund"
If you didn't earn more earlier in the year then I have no idea.
I'm guessing, but I think some software will calculate differently.If it was more than you've been earning recently, then it would have been taxed as if you were going to be earning that much every month. As you're now earning less, then you're getting that tax back. As you get nearer to the end of the tax year, you're getting a larger "refund"
If you didn't earn more earlier in the year then I have no idea.
Do some ;
Takes what you've earnt so far in the tax year, assumes that the average will continue through the rest of the year, and shares out the personal allowance accordingly.
Or do they. Look at this months salary, decide that's what you will earn for the rest of the year and ...
I remember doing a year out on my degree.
The tax I paid from September to March was fairly low as I was only just above my personal allowance in 7 months.
Then the tax I paid went up in March as the PAYE system didn't know I'd finish in July. Thay was a shock.
Then I had to seek a tax refund, as I hadn't earn't even up to my personal allowance.
Guessing you joined recently after having a few months off but having another job since April. A bit of a tax refund in the first two months which will settle down if your pay is the same each month from now on.
Personal allowance is 1/12 each month. September would be 6/12 of PA on total earnings and total tax paid to date.
Personal allowance is 1/12 each month. September would be 6/12 of PA on total earnings and total tax paid to date.
I paid over 2k tax a couple months ago, and £200 this month. Okay my Paye income can vary massively month to month, but I'd imagine the calculation is almost dynamic and adjusts throughout the year. You are better off analysing your p60 to check you've been tax correctly at the end of the FY.
thebraketester said:
Downward said:
So I get a salary no extra payments but
July £403.66
August £458
September £531
Anyone know why the difference in the Tax I pay on the same earnings ?
Crazy idea but have you asked your employer/finance department ?July £403.66
August £458
September £531
Anyone know why the difference in the Tax I pay on the same earnings ?
omniflow said:
What did you earn in April, May and June?
If it was more than you've been earning recently, then it would have been taxed as if you were going to be earning that much every month. As you're now earning less, then you're getting that tax back. As you get nearer to the end of the tax year, you're getting a larger "refund"
If you didn't earn more earlier in the year then I have no idea.
Same i’m salaried.If it was more than you've been earning recently, then it would have been taxed as if you were going to be earning that much every month. As you're now earning less, then you're getting that tax back. As you get nearer to the end of the tax year, you're getting a larger "refund"
If you didn't earn more earlier in the year then I have no idea.
Been at the same job for years !
omniflow said:
What did you earn in April, May and June?
If it was more than you've been earning recently, then it would have been taxed as if you were going to be earning that much every month. As you're now earning less, then you're getting that tax back. As you get nearer to the end of the tax year, you're getting a larger "refund"
If you didn't earn more earlier in the year then I have no idea.
Same i’m salaried.If it was more than you've been earning recently, then it would have been taxed as if you were going to be earning that much every month. As you're now earning less, then you're getting that tax back. As you get nearer to the end of the tax year, you're getting a larger "refund"
If you didn't earn more earlier in the year then I have no idea.
Been at the same job for years !
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