Sarah Housley
-
New job and tax code
Hi I left my old employment on 5 April 2024 and my last salary included a bonus payment and unpaid holidays so it was quite a lot more than usual. When I left my tax code was 1313L. I thought that this pay would fall into the final tax period but it actually fell into April 2024 as their pay period ended 7 April. My new job started 8 April 2024 and is paid the last day of the month. I have just received my wage slip and my tax code is 1313L 0 - and I have been taxed about half of my wage. I am assuming that this is because I have had two salaries in April but I am about £900 down from what I calculated I should be - will I get this back over the course of the year or not at all? Someone had told me if I was on emergency tax then I could claim it back but I am not sure whether I am? Just trying to work out if it will correct itself going forward? I have looked online and it has updated my employment details on HMRC website and says my tax code has changed to 1275L. Just trying to understand it all! Many thanks