For some reason, this year my pay slips are showing that my taxable pay is more than my total pay. I'm not sure how this is possible and I certainly haven't had this in the past - it has always been equal to the total pay. Can someone in the know explain if and why this can happen.
I was wondering if you had a tax code that started with a K which means you don't get any personal allowance but you have a normal one. Am a little puzzled.
If you want to send me a message with the actual amounts I can check if they look right to me. Or you can wait as there are various people who know more about tax than I do <accountant who hasn't been in practice for a couple of years>
On each of my monthly pay slips the taxable pay is about £1100 above my total pay (in the year to date totals). In April it was the same and in the next month it jumps up. I have worked in this company for 3 years and the pay slips have always shown the amounts to be the same. I phoned the pay role departments and they told me its automated and there is nothing they can do to fix it but it definitely doesn't seem right.
Let me know the answer and how you manage to get it resolved, the mind just boggles. Our HR was the same when dh didn't get his annual summary one year, told me there was nothing they could do even though they are legally obliged to proved one
monthly figures are fine in terms of how much is my actual pay and what is deducted as tax -as Noah says (thank you so much by the way) Its just the payslips dont make sense.
The pay roll department is useless they screwed up my maternity pay and Im not sure they have even sorted that out properly yet. I will go to the local tax office. Will they be able to help me with my tax credits query as well?