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Original poster

massive increase in income tax this month??

63 replies

Taxxxx · 24/04/2024 11:18

last month I was paid 150 more than this month. It seems this is due to an increase in income tax? I actually don’t know how I am going to cope, nursery has just gone up 129 a month too. I thought tax was supposed to be a tiny bit less in 2024, not substantially more?!

OP posts:
IsEveryUserNameBloodyTaken · 24/04/2024 12:10

The reason I’m asking is tax is cumulative and will have been lower.

IsEveryUserNameBloodyTaken · 24/04/2024 12:08

Where you on any different salary at any time during the 2023/2024 tax year,ie lower for any month

Misthios · 24/04/2024 12:01

Are you in Scotland? Tax rates have shot up for the people the SNP wish to extort more money out of.

Magnastorm · 24/04/2024 12:01

If you are on a standard tax code, and your tax code hasn't changed then that is a weird one. I'd get onto your HR department and/or HMRC.

Redherringgull · 24/04/2024 12:01

My pay changes depending on whether it's a four or five week month, or maybe it's 28/29/30/31 day month. It's hardly ever the same amount even though I'm on an annual salary.

Get in touch with payroll if you're concerned.

Original poster
Taxxxx · 24/04/2024 11:58

It’s not an emergency tax code it’s just my usual one, I’ve been on it for a long time @Magnastorm I had to pay back child benefit but did that in one lump sum already

OP posts:
Magnastorm · 24/04/2024 11:57

Just seen - sorry - that your tax code hasn't changed.

Are you on an emergency tax code?

Magnastorm · 24/04/2024 11:55

If you are paying more tax compared to last month then likely your tax code has changed - compare this to last month.

Usually if your tax code has changed HMRC will notify you, either by letter or via the tax portal.

One thing springs to mind based on your salary above -> did you recieve child benefit which you now need to pay back?

Arlanymor · 24/04/2024 11:55

bluebunny1 · 24/04/2024 11:51

OP, have you tried putting your salary information into MoneySavingExpert calculator and seeing if the post tax number is different to what is on your payslip?

If it is different, you can approach your HR for an explanation.

Exactly what I was going to suggest, here’s the link:

https://www.moneysavingexpert.com/tax-calculator/

Original poster
Taxxxx · 24/04/2024 11:52

SkyBloo · 24/04/2024 11:50

Check:
Your pension contributions - any change?
Child benefit clawback
Are you being charged for anything eg a purchase of extra holiday days

Take last months payslip & this months, and compare every number. The tax amount should not have changed by much unless something else as.

@SkyBloo thanks I have done this and the only change is more income tax which has adjusted my net pay by the same amount. I will call Hr but assume it must be correct

OP posts:
SkyBloo · 24/04/2024 11:52

At that salary your NI would have been 2% last month. Back up to full rate in April

Not sure this is correct. Rate between 12 & 50k dropped from 10 to 8%, rate from 50k was 2% and still is. If anything op would be paying less NI.

bluebunny1 · 24/04/2024 11:51

OP, have you tried putting your salary information into MoneySavingExpert calculator and seeing if the post tax number is different to what is on your payslip?

If it is different, you can approach your HR for an explanation.

MidnightPatrol · 24/04/2024 11:51

OP you are best asking payroll for an explanation.

It shouldn’t have increased based on ‘standard’ PAYE changes for this tax year, so it’s something specific to your organisation / that payroll have done.

DappledOliveGroves · 24/04/2024 11:50

Give HMRC a call. It may be a wait so stick your phone on speaker and get on with other stuff until they answer!

SkyBloo · 24/04/2024 11:50

Check:
Your pension contributions - any change?
Child benefit clawback
Are you being charged for anything eg a purchase of extra holiday days

Take last months payslip & this months, and compare every number. The tax amount should not have changed by much unless something else as.

5byfive · 24/04/2024 11:50

Have you paid more tax or more NI?

At that salary your NI would have been 2% last month. Back up to full rate in April.

MidnightPatrol · 24/04/2024 11:48

ssd · 24/04/2024 11:47

63k my heart bleeds for you

Ah yes, a higher income than average so she should just ignore an unexplained reduction in her net pay.

Classic MN.

ssd · 24/04/2024 11:47

63k my heart bleeds for you

Original poster
Taxxxx · 24/04/2024 11:46

EauNeu · 24/04/2024 11:45

No one here can tell you, you need to speak to your company payroll team

@EauNeu i was wondering if it was the case generally in the new tax year

OP posts:
EauNeu · 24/04/2024 11:45

No one here can tell you, you need to speak to your company payroll team

QforCucumber · 24/04/2024 11:45

what is your tax code?

Original poster
Taxxxx · 24/04/2024 11:44

Itsonlymashadow · 24/04/2024 11:40

Do you have any taxable benefits, like a car?

have you recently had a wage increase?

@Itsonlymashadow no taxable benefits and salary the same

OP posts:
Original poster
Taxxxx · 24/04/2024 11:44

FloraAdora · 24/04/2024 11:43

It’s the start of a new tax tear; are they back-collecting outstanding tax from last year? Maybe from taxable interest (although that would be a lot!) It would show on your tax code

@FloraAdora the tax code is the same

OP posts:
Original poster
Taxxxx · 24/04/2024 11:43

Just checked and tax code is the same

OP posts:
FloraAdora · 24/04/2024 11:43

It’s the start of a new tax tear; are they back-collecting outstanding tax from last year? Maybe from taxable interest (although that would be a lot!) It would show on your tax code