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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

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:
HappiestSleeping · 24/04/2024 11:22

What is your AIBU?

To answer your question, it's impossible to say without more information. Are you employed or self employed? Have your personal circumstances changed? How much do you earn? Do you have a pay slip, and have you verified that the tax and NI deducted are both correct?

Taxxxx · 24/04/2024 11:24

@HappiestSleeping employed. Everything is the same but have had significantly more income tax taken.

OP posts:
QforCucumber · 24/04/2024 11:27

Has your tax code changed between the 2 months? Have you had a payrise? Are you on min wage and so the wage has gone up.

There hasn't been an increase in the rate of income tax so it isn't as straightforward as you're saying

Taxxxx · 24/04/2024 11:29

QforCucumber · 24/04/2024 11:27

Has your tax code changed between the 2 months? Have you had a payrise? Are you on min wage and so the wage has gone up.

There hasn't been an increase in the rate of income tax so it isn't as straightforward as you're saying

@QforCucumber everything is the same and I’m on 63k

OP posts:
CasperGutman · 24/04/2024 11:33

Sounds like you need to ask your employer's payroll people what's going on.

HappiestSleeping · 24/04/2024 11:38

Have you worked out the tax and NI you are supposed to pay?

Taxxxx · 24/04/2024 11:38

Literally nothing has changed about my pay apart from more income tax

OP posts:
Taxxxx · 24/04/2024 11:39

Hours and salary and contract all the same

OP posts:
Rainbowshit · 24/04/2024 11:39

Are you in Scotland?

Taxxxx · 24/04/2024 11:39

@Rainbowshit no

OP posts:
Itsonlymashadow · 24/04/2024 11:40

Do you have any taxable benefits, like a car?

have you recently had a wage increase?

Gatekeeper · 24/04/2024 11:40

ok @Taxxxx Have a look at your payslips- what was your tax code last month and what is it this month?

HappiestSleeping · 24/04/2024 11:41

Taxxxx · 24/04/2024 11:38

Literally nothing has changed about my pay apart from more income tax

But have you checked that it is correct? Maybe it was incorrect before, and has been corrected?

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

Taxxxx · 24/04/2024 11:43

Just checked and tax code is the same

OP posts:
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:
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:
QforCucumber · 24/04/2024 11:45

what is your tax code?

EauNeu · 24/04/2024 11:45

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

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:
ssd · 24/04/2024 11:47

63k my heart bleeds for you

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.

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.

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.

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!

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