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| Are
you paying emergency tax? |
Each year millions of pounds gets overpaid
when people are mistakenly put on emergency tax codes. Find out
if you are on an emergency tax code and how to apply for an emergency
tax rebate if you have been overpaying:
- What
is a BR tax code?
- Are there
any other emergency tax codes?
- Why
am I on an Emergency tax code?
- How
much tax is paid when you are on emergency tax code?
- How
do I apply to get my emergency tax back?
What
is a BR tax code?
A BR tax code is another name for an emergency tax code. Check your
pay slip to see if your tax code is BR.
Are there
any other emergency tax codes?
Yes. If your tax code is X, WK1, MTH1 then you also amy be paying
emergency tax and be due a tax rebate.
Why am I on an emergency tax code?
There are a number of reasons why you may have been put on an
emergency tax code including:
- You did not give your employer a
P45
- Your employer did not know what
tax code to put you on
- You are working more than one job.
How
much tax is paid when you are on an emergency tax code?
If you are on an emergency tax code you will be paying more tax
because you will not have received your tax free allowance. If you
are on an emergency tax code you will be paying 20% tax on all your
income and not getting your allowance which this year is 6475 pounds.
How do I apply
to get my emergency tax back?
If you are currently on an emergency tax code, you will get
a P60 in April. Once you have this you will be able to claim your
emergency tax back. Once you have your P60, send it to your local
tax office, together with a P91/P85/P86. Alternatively you can apply
online. If you want to apply to claim your emergency tax refund
for previous years you can If you have any further questions,
please do not hesitate to contact a member of our emergency
tax refund team.
Disclaimer:
The above information can not be taken as advice and is for illustration
purposes only. Please call Tax Fix before making any claims or confirmation.
Tax Fix can not accept any liability for action taken and any losses
incurred.
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