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

(4 Posts)
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.

MollieO Mon 28-Feb-11 13:46:59

Hopeful bump.

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?

MollieO Thu 03-Mar-11 09:58:33

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

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