Tax question

[travelq]

This is probably a very silly question but I’m struggling to understand my pay slips!

i was promoted in early April and as part of this, I was given a one bonus of £4k which (I presume) tipped me into the next tax bracket falsely, and I overpaid quite heavily on my tax etc.

my actual salary is 44k

this month I’ve received about £170 more than I expected to (woo!). Will this be a one off “less tax” to even out the overpayment, or is it likely I will be consistently pay in slightly less tax all year?

trying to work out if this extra is because of less tax, or if my basic works out more than I expected?

We would need to know your tax code, previous salary, and current salary to have a go at working it out.

It’s because the 4k in one month has pushed a lot of your pay into the higher tax rate.

when they then process the next month some of the pay from the previous month has now dropped back into the lower tax rate

so you are getting the difference between the higher rate an lower rate refunded

this will continue until all the higher rate tax has been refunded

Thanks. Is there any way for me to know how long it will be til it’s correct again? I’d like to know what my new “basic” is for budgeting going forward

Put your new annual income into here:

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