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Author am i being taxed right??
p16vnk
Member
Registered: 10th Dec 06
Location: Kent
User status: Offline
20th Jun 08 at 08:23   View User's Profile U2U Member Reply With Quote
iv got a second job and am not earning over 40k year am i right in saying im being taxed wrong at 22% as iv heard it went to 20% begginging of the year?
deano87
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Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
20th Jun 08 at 08:25   View User's Profile U2U Member Reply With Quote
No, 22% is right, I think

I even earn under the tax free quota due to working part-time whilst being a student. And on my second job, my tax code as BR. Pretty sure that was 22%. Might have changed, not sure though.

[Edited on 20-06-2008 by deano87]
Ant
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Registered: 12th May 02
Location: Hereford and Worcester
User status: Offline
20th Jun 08 at 08:32   View User's Profile U2U Member Reply With Quote
the basic rate has dropped to 20% though it may be different when on a BR code
pow
Premium Member

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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
20th Jun 08 at 08:39   View Garage View User's Profile U2U Member Reply With Quote
Basic rate is 20% these days
deano87
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Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
20th Jun 08 at 08:42   View User's Profile U2U Member Reply With Quote
Although I appreciate the 2% could be quite a chunk, I personally wouldn't worry too much. Then in April when I get my P60, there will be a nice amount of money saved up without really knowing it.
p16vnk
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Registered: 10th Dec 06
Location: Kent
User status: Offline
20th Jun 08 at 09:24   View User's Profile U2U Member Reply With Quote
iv worked it out and im owed £200 just for the 2%, i thouhgt u had to apply for a tax rebait in april?
deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
20th Jun 08 at 09:26   View User's Profile U2U Member Reply With Quote
What year are you owed this £200?

If it's tax year 07 - 08, you can apply now. If you have both your P60's, send these along with a covering letter to the office stated on your 1st jobs P60

 
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