Neil Wilts
Joined: 4/29/2024
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Change to Tax Allownce due to redundancy
I am currently a 40% payer but am being made redundant in 12 weeks - currently working my notice. At the end of my notice period I will have earned less than the £50,270 threshold so income for the year should have been at 20% not 40% - can I apply now for a tax code reduction (and refund) or do I have to continue paying on the current code and claim a refund following my notice period?