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Posted Mon, 22 Jul 2024 16:08:55 GMT by Jimmy Charles
Hi all, My payroll team processes Private Medical Insurance (PMI) as a Benefit in Kind (BIK) through the monthly payroll. My tax code is 1214L, I have no other deductions. Is my tax code correct? Annual Salary - £72,000 Annual PMI cost - £1,365.96
Posted Thu, 25 Jul 2024 05:27:39 GMT by HMRC Admin 25 Response
Hi Jimmy,
If your BIK is payrolled, it's most likely that something else is reducing your allowances.
To allow us to check your code, contact us by webchat or phone  here:
Income Tax: general enquiries
Thank you. 

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