samantha.michelle
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Paying “Owed Tax”
Hi, I recently moved jobs (March 24) and had my tax code changed from the standard rate to higher ones twice since then. 1 was because I owed tax from a previous tax year, 2nd was because I under paid £16 tax this current tax year in my new job. I recently received a letter from HMRC to say I owed them a lump sum and was fortunate in the position to pay it back in one go rather than have it taken from my wage. I paid this on the 6th of August. I’ve had two pays from my current job so far (fortnightly pay) and both payslips still indicate I am still on the higher bracket and paying a higher rate of tax (which I assume is to pay back the money I have already paid back) Will my tax code go back to normal or will I continue to pay the higher rate of tax until the next tax year when I will no doubt then be owed a refund from HMRC because I’m over paying tax? Thank you