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Posted Sun, 19 Nov 2023 12:23:42 GMT by
Hi, I have just put in my figures for 2022-23 My PAYE is 32,500 & my self employment is around 22,000. All of the tax calculators online sit around 6-7000 worth of tax to be paid yet online it's telling me I owe £8,400. Is this an error in tax code? Where could I have gone wrong?
Posted Wed, 22 Nov 2023 12:35:15 GMT by HMRC Admin 25 Response
Hi James12129,
There will also be a charge for Class 4 National Insurance in your calculation for your self employment income.
Please view the full calcuation and its about 2/3 of the way down. 
Thank you. 

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