Decoding your tax code

Royal London

Go to report

If you receive a wage or a pension, your employer or pension provider is required to
deduct any income tax due before the payment is made. They do this on the basis of a ‘tax code’ issued to them by HM Revenue and Customs (HMRC). But how do you know if your tax code is correct?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s