Hide
Mumsnet
Start new thread in this topic | Flip this thread | Refresh the display
Add a message

Too much tax deducted. What do I need to do?

(4 Posts)
Add message | Report | Message poster
MollieO Fri 25-Feb-11 15:40:01

Made redundant. Got PILON, holiday and salary today (my usual pay day). All taxed at 40%! Could someone let me know what I need to do to get it corrected. The compromise agreement I signed said that tax would be deducted at basic rate and it would be up to me to pay difference to HMRC. Looking at previous payslips I usually pay 28% so I don't understand why all of it seems to have been paid at 40%. Financially the last thing I need at the moment too.

Add message | Report | Message poster
MollieO Mon 28-Feb-11 13:46:59

Hopeful bump.

Add message | Report | Message poster
LatteLady Wed 02-Mar-11 16:31:02

Does your pay in lieu of Notice take you over the tax threshold to 40%? Have you called HMRC, they are very helpful or at least they have always been with me?

Add message | Report | Message poster
MollieO Thu 03-Mar-11 09:58:33

Thx. I will ring HMRC. I've tried asking my old employer but got absolutely nowhere.

Start new thread in this topic | Flip this thread | Refresh the display
Add a message

Add your message here

To post you need a valid nickname and password. Log in if you are a returning member, or join for free.

If you have forgotten your nickname or your password, you can get a reminder.

Talk: Customise | Unanswered messages | Getting started | Acronyms | FAQs
Threads: Active | I'm on | I'm watching | I started | Last 15 minutes | Last hour | Last Day