Dan
Joined: 7/2/2024
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Tax you owe (earlier year)
My tax code was recently changed to 892L reducing my tax free allowance by £3960. However the amount I owe from an earlier tax year (because of the HICBC) is £1584. Is anyone able to explain why my tax free allowance was reduced by so much more than the amount I apparently owe and if I need to query this with HMRC?