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Author Tax Codes
strick206
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Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
User status: Offline
6th Jul 11 at 18:09   View User's Profile U2U Member Reply With Quote
Why would i be on a 747L, and someone in the same job be on 657L tax code?
Ben G
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Registered: 12th Jan 07
Location: Essex
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6th Jul 11 at 18:12   View User's Profile U2U Member Reply With Quote
you earn more? mine is 747L.
strick206
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Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
User status: Offline
6th Jul 11 at 18:14   View User's Profile U2U Member Reply With Quote
She earns more mate,

We are on the same basic pay but she gets a 15% shift allowance
John
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Registered: 30th Jun 03
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6th Jul 11 at 18:16   View User's Profile U2U Member Reply With Quote
747L is this years I think, 647L is last years.
Ben G
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Registered: 12th Jan 07
Location: Essex
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6th Jul 11 at 18:17   View User's Profile U2U Member Reply With Quote
oh ok. maybe the 15% allowance puts her over the threshold?
John
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Registered: 30th Jun 03
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6th Jul 11 at 18:18   View User's Profile U2U Member Reply With Quote
It's nothing to do with that.
Ben G
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Registered: 12th Jan 07
Location: Essex
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6th Jul 11 at 18:20   View User's Profile U2U Member Reply With Quote
ok john. bit hard to work out without any pay details though. sorry for trying to figure it out.
BarnshaW
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Registered: 25th Oct 06
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6th Jul 11 at 18:21   View User's Profile U2U Member Reply With Quote
yeah john
strick206
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Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
User status: Offline
6th Jul 11 at 18:22   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Ben G
oh ok. maybe the 15% allowance puts her over the threshold?


The threshold for 40% tax?

No we are both under that,

i earn 25k

She earns the same but then 15% on top

she contributes to a pension i dont
strick206
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Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
User status: Offline
6th Jul 11 at 18:24   View User's Profile U2U Member Reply With Quote
Also, 657L is an oddity according to what i have found as the code is more commonly 647L
John
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Registered: 30th Jun 03
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6th Jul 11 at 18:24   View User's Profile U2U Member Reply With Quote
It's not hard to work out without any pay details

http://www.hmrc.gov.uk/incometax/codes-basics.htm

If you are a normal employed worker under 100k, it's only funny situations it's harder to work out.
strick206
Member
Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
User status: Offline
6th Jul 11 at 18:25   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by John
747L is this years I think, 647L is last years.


She isn't on 647L, she is on 657L
John
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Registered: 30th Jun 03
User status: Offline
6th Jul 11 at 18:25   View User's Profile U2U Member Reply With Quote
I didn't see it was 657, it was 647 for last years tax year.

Could be more complicated then, surely she should know if there's anything funny going on with benefits etc.

[Edited on 06-07-2011 by John]
strick206
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Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
User status: Offline
6th Jul 11 at 18:28   View User's Profile U2U Member Reply With Quote
She doesn't get benefits.

Only thing i can think is she previously hasn't earned a taxable amount due to uni.
Cavey
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Registered: 11th Nov 02
Location: Derby
User status: Offline
6th Jul 11 at 18:28   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by BarnshaW
yeah john


you douche
strick206
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Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
User status: Offline
6th Jul 11 at 18:32   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by John
I didn't see it was 657, it was 647 for last years tax year.

Could be more complicated then, surely she should know if there's anything funny going on with benefits etc.



The things she has different to me are savings, up to 10k,

She pays into a pension scheme

But i still don't understand because she should be on 747L from what i know
jase77
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Registered: 17th May 09
Location: Stoke-on-Trent
User status: Offline
6th Jul 11 at 20:02   View User's Profile U2U Member Reply With Quote
do you get a different code if you are married
Bonney
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Registered: 14th Nov 04
Location: St Helens
User status: Offline
6th Jul 11 at 20:15   View User's Profile U2U Member Reply With Quote
You can change your code for a uniform allowance, Basicaly if there is no facilities to wash your uniform at work, You can get a slightly lower tax code
richc
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Registered: 24th Mar 07
Location: Ilkeston
User status: Offline
6th Jul 11 at 20:17   View User's Profile U2U Member Reply With Quote
I think its due to the pension.
pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
6th Jul 11 at 20:18   View Garage View User's Profile U2U Member Reply With Quote
She should be 747L like everyone else UNLESS she gets taxable benifits, such as a company car, healthcare, I think savings has something to do with it.
deano87
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Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
6th Jul 11 at 20:42   View User's Profile U2U Member Reply With Quote
It could be because she's got a 2nd job and they've split the tax free allowance.
sc0ott
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Registered: 16th Feb 09
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6th Jul 11 at 21:55   View User's Profile U2U Member Reply With Quote
Shes sucking off the tax man.
Ben G
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Registered: 12th Jan 07
Location: Essex
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6th Jul 11 at 22:01   View User's Profile U2U Member Reply With Quote
always thought the higher the tax code the better?

reading the link john posted, 747L means you can earn £7470 before you start getting taxed. 657L obviously means she'll only earn £6570 before getting taxed so shes worse off.

have i got that right?
VegasPhil
Premium Member

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Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
User status: Offline
6th Jul 11 at 22:24   View Garage View User's Profile U2U Member Reply With Quote
Taxable benefits. Or she might owe something from last year that means tax code has been changed. Mine is 2 something this year

Corsa 2.0 16v Vegas - Sold
luciaadr
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Registered: 11th Aug 04
Location: Bexleyheath, Greater London
User status: Offline
7th Jul 11 at 07:25   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Ben G
always thought the higher the tax code the better?

have i got that right?


yes, ScOott thinks shes sucking off the imaginary tax man and hes making her pay for the pleasure

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