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Author Tax codes?
Kif
Member
Registered: 13th Jan 05
Location: Doncaster, South Yorkshire
User status: Offline
3rd Nov 06 at 08:16   View User's Profile U2U Member Reply With Quote
Anyone got any idea what certain tax codes are?

Im on 503L/1 but i have no idea what it is? Is it emergancy tax or just normal

Cheers Keith
Gg_mf
Member
Registered: 10th Oct 05
Location: Brighouse
User status: Offline
3rd Nov 06 at 08:22   View User's Profile U2U Member Reply With Quote
No its the normal one that most people are on.
Kif
Member
Registered: 13th Jan 05
Location: Doncaster, South Yorkshire
User status: Offline
3rd Nov 06 at 08:23   View User's Profile U2U Member Reply With Quote
Nice one, cheers
abdus
Member
Registered: 23rd Feb 06
User status: Offline
3rd Nov 06 at 08:43   View User's Profile U2U Member Reply With Quote
taxable income is what you earn per annum minus £5030.
whitter45
Member
Registered: 15th Nov 02
Location: Norton
User status: Offline
3rd Nov 06 at 16:33   View User's Profile U2U Member Reply With Quote
yes if you add a 9 to the figure quoted on your tax code thats the amount you can earn tax free in your salary

If you have company cars etc your tax code reduced ie you pay more tax etc
Cavey
Member
Registered: 11th Nov 02
Location: Derby
User status: Offline
3rd Nov 06 at 16:42   View User's Profile U2U Member Reply With Quote
BR is the emergency tax code

 
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