I arrived home from work today to find a nice brown envelope from the HMRC waiting for me – oh no – what’s this?
On opening, its my new PAYE code for the next tax year – except it is WRONG!! big time wrong!!! They have decided that I am now a basic rate tax payer – which unless they have already made me semi-retired – I’m not.
My basic salary is over the higher rate tax threshold so I am quite obviously a high-rate tax payer. So I guess I am back on the phone to the HMRC for over 30mins to get them to correct the code! After the previous incident where they decided I had two salary incomes from the same employer! I dont want to underpay and then get a big bill at the end of the next tax year.