Tax wrong?

[MoonShimmer]

Hello, I've tried to call HMRC but they keep cutting me off as its too busy so I'm unsure what to do.

I've just left a job, it was salaried over the year as I worked in a school and when I left I was given what was owed as my "holiday" pay, this meant I have now paid a few hundred on tax and over £100 on NI and also made a student loan payment the payments have meant that i basicslly worked my last two weeks of work for free....Was this right? I wasn't making enough to pay tax anyway but obviously have on this last payment?

And also I've just started my new job and they haven't put me on payroll in time so I will be receiving 6 weeks worth of pay in April rather than the normal monthly.. this again means I'll be paid more and I'm assuming I'll be taxed on this too as it amounts to about £1300, will i get this back or am I being shafted again?

Thank you

Hi OP, you need to think about your tax as an annual thing rather than weekly/monthly.

You have an annual personal allowance of around £12,500. That is how much you are allowed to earn basically before you have to start paying tax on it.

The tax sounds right to me, you sound like you have gone over the threshold as the pp said

Hi, I didn't earn that much in either job, in my new job I'll only earn 10k in the year?

If you don’t earn above the personal allowance and have been taxed incorrectly based on 1 higher/unusual payslip then you will receive a tax rebate for that amount so you get it back

OK thank you, would I get that back in my next pay slip or would I have to wait all the way until the end of the tax year now we have started a new one?

If you have genuinely overpaid tax then HMRC will automatically give it back to you basically.

If they don’t then you can call to sort this out.

Also, if you create a tax account, you can declare the income that you'll be paid throughout the year and they'll adjust the tax code automatically based on that

Thank you, I've made a tax account and strangley it's saying I paid no income tax for this tax year but I did?

You will get the tax back eventually, When you get a large payment they just assume it’s your ongoing salary and treat it accordingly. You can apply to have student loan payment returned.

You can kiss goodbye to the NI payment though. Essentially with NI you have a weekly/ monthly allowance depending how you get paid. You will pay NI over that rate and they won’t refund.

I too have been screwed in a weekly paying job giving me 4 weeks holiday pay plus the week in hand in my final pay so I got 6 weeks in one go.

They normally write me a letter telling me what my overpayment is and you can fill in form with bank details around May. If you fail to fill it in they will mail you a cheque six weeks later.

You won't get a tax rebate for 23/24 in an old role back via your paye for the new role. In my experience they advise of an overpayment several months after the end of the tax year and you get the option of an electronic bank transfer which if you don't take you'll get a cheque. But PAYE would rarely overtax you in March as there is no more tax year to anticipate unusually high earnings will continue for.

I just logged into my hmrc account and under PAYE income history I can see income tax paid for last five years. Is the 23/24 year definitely showing zero tax paid for you there?

In your new role the tax may be calculated over in April but should be adjusted for the rest of the year. Nothing to be done re the national insurance.

I think you can ask the student loans company for a rebate for any years you didn't earn enough as I have seen it mentioned on here before.