Please or to access all these features

Work

Chat with other users about all things related to working life on our Work forum.

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

3 replies

MollieO · 25/02/2011 15:40

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.

OP posts:
MollieO · 28/02/2011 13:46

Hopeful bump.

OP posts:
LatteLady · 02/03/2011 16:31

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 · 03/03/2011 09:58

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

OP posts:
New posts on this thread. Refresh page
Swipe left for the next trending thread