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Posted Thu, 23 Nov 2023 10:56:09 GMT by Alexander Demyanok
I changed employer and private pension fund recently. I withdrawn all my lump from previous pension fund to my bank account. My tax code has changed, now I pay more tax. I am not going to take any further lumps from my current pension fund. Will my tax code return to previous after the end of financial year? Or do I need to apply to HMRC for new tax code?
Posted Tue, 28 Nov 2023 09:26:09 GMT by HMRC Admin 8
Hi,
Your tax code would be upated for the new tax year. The tax codes are normally issued January/Febraury for the new tax year. Once you receive the new code if you think it is incorrect then you will need to contact HMRC to review:
Income Tax: general enquiries
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Thank you.

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