Discussion
I presume you are taxed under PAYE?
Did you get a 2014/15 P60 from your employer?
If you did, what is the tax code showing on the P60?
Is it BR by any chance?
If the £12,000 you received was the only income you had in 2014/15, in theory, the tax arising on that should have been £280.00 (£12,000 less the personal allowances of £10,600 @ 20%).
There would also have been some NI deducted.
See revised amounts below.
Did you get a 2014/15 P60 from your employer?
If you did, what is the tax code showing on the P60?
Is it BR by any chance?
If the £12,000 you received was the only income you had in 2014/15, in theory, the tax arising on that should have been £280.00 (£12,000 less the personal allowances of £10,600 @ 20%).
There would also have been some NI deducted.
See revised amounts below.
Edited by Eric Mc on Thursday 9th July 13:22
Eric Mc said:
I presume you are taxed under PAYE?
Did you get a 2014/15 P60 from your employer?
If you did, what is the tax code showing on the P60?
Is it BR by any chance?
If the £12,000 you received was the only income you had in 2014/15, in theory, the tax arising on that should have been £280.00 (£12,000 less the personal allowances of £10,600 @ 20%).
There would also have been some NI deducted.
This may get a little confusing now...Did you get a 2014/15 P60 from your employer?
If you did, what is the tax code showing on the P60?
Is it BR by any chance?
If the £12,000 you received was the only income you had in 2014/15, in theory, the tax arising on that should have been £280.00 (£12,000 less the personal allowances of £10,600 @ 20%).
There would also have been some NI deducted.
I was taxed under PAYE
but...
from April 2014 - Jan 2015 I worked for one school and had the 0T until October and then 1000L for Nov and Dec
from Jan 2015 - April 2015 I worked for another school but part of the same company, which I had the tax code of BR
I only have a P60 with the earnings of the second school...
I've paid NI at both places, and the total tax paid over both schools has been £966.20
Eric Mc said:
The correct tax calculation should be as follows -
Total Income for tax year 2014/15 - £12,612.82
Less - Personal Tax Allowance - £10,600.00
Taxable Income - £2,012.82
Tax at 20% - £402.56
I'm ignoring the NI calculations entirely.
So that would mean I've paid £560 odd extra tax then I should of?Total Income for tax year 2014/15 - £12,612.82
Less - Personal Tax Allowance - £10,600.00
Taxable Income - £2,012.82
Tax at 20% - £402.56
I'm ignoring the NI calculations entirely.
Based on what you are saying, it does seem like you did.
Why did one of the schools use a D0 code? D0 is an instruction by HMRC to calculate tax on that salary at a straight 40%.
Your salary levels are way below the Higher Rate tax threshold - which for 2014/15 was £41,865 (including the personal tax allowance of £10,000).
Note that I've revised my calculation because I used the 2015/16 personal tax allowance amount of £10,600 instead of the correct 2014/15 allowance of £10,000.
The overpayment works out at £443.64
Why did one of the schools use a D0 code? D0 is an instruction by HMRC to calculate tax on that salary at a straight 40%.
Your salary levels are way below the Higher Rate tax threshold - which for 2014/15 was £41,865 (including the personal tax allowance of £10,000).
Note that I've revised my calculation because I used the 2015/16 personal tax allowance amount of £10,600 instead of the correct 2014/15 allowance of £10,000.
The overpayment works out at £443.64
Edited by Eric Mc on Thursday 9th July 13:28
Eric Mc said:
Based on what you are saying, it does seem like you did.
Why did one of the schools use a D0 code? D0 is an instruction by HMRC to calculate tax on that salary at a straight 40%.
Your salary levels are way below the Higher Rate tax threshold - which for 2014/15 was £41,865 (including the personal tax allowance of £10,000).
D0 code?Why did one of the schools use a D0 code? D0 is an instruction by HMRC to calculate tax on that salary at a straight 40%.
Your salary levels are way below the Higher Rate tax threshold - which for 2014/15 was £41,865 (including the personal tax allowance of £10,000).
is that the 0T tax code that's 20% WITHOUT any personal allowance?
michael243 said:
Eric Mc said:
Based on what you are saying, it does seem like you did.
Why did one of the schools use a D0 code? D0 is an instruction by HMRC to calculate tax on that salary at a straight 40%.
Your salary levels are way below the Higher Rate tax threshold - which for 2014/15 was £41,865 (including the personal tax allowance of £10,000).
D0 code?Why did one of the schools use a D0 code? D0 is an instruction by HMRC to calculate tax on that salary at a straight 40%.
Your salary levels are way below the Higher Rate tax threshold - which for 2014/15 was £41,865 (including the personal tax allowance of £10,000).
is that the 0T tax code that's 20% WITHOUT any personal allowance?
However, the first employment did not use up all of the personal tax allowances so you have unused allowances that should have been allocated to the 2nd employment.
Edited by Eric Mc on Thursday 9th July 13:29
Eric Mc said:
Sorry, a 0T code is different to a D0 code and 0T means that the entire amount is taxed at 20%. I would reckon that the reason why that happened is that the full personal tax allowances were allocated to the other employment, leaving no allowances available for the 2nd employment.
However, the first employment did not use up all of the personal tax allowances so you have unused allowances that should have been allocated top the 2nd employment.
Sounds like somebody has made a fHowever, the first employment did not use up all of the personal tax allowances so you have unused allowances that should have been allocated top the 2nd employment.
k up somewhere along the line, now just to get hold of the tax office 
Thanks for the help
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