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Posted Thu, 30 Nov 2023 20:07:42 GMT by
Hi, I need help understanding my final pay, my PAYE tax says -292 but as I have had deductions taken from wage from my now previous employer my net pay is 0. Does a minus PAYE suggest I am due a refund as I haven’t been paid anything into my bank account from my now previous employer? I am slightly confused and help would be appreciated. Kind regards
Posted Sat, 02 Dec 2023 15:23:43 GMT by
Yes, a minus on a deduction means it has been refunded rather than deducted. However if you owed your employer money (maybe for annual leave you took but hadn't accumulated due to leaving or some other reason) then they would have used the tax refund to cover the amounts owed to them. This will be why your net pay was £0.
Posted Wed, 06 Dec 2023 07:21:26 GMT by HMRC Admin 25
Hi lauren Bayes,
In this case, we would need to take a closer look at what your former employer has declared on your payslip to confirm if any repayment is due, or what this negative amount indicates.
Please contact us at:
Income Tax: general enquiries
We can review your recent payments.
Thank you. 

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