4 ms·
In the UK everyone has a tax code that tells your employer how much tax you're paying. It doesn't tell the employer why you have that number, which could be for
by adwww 7y ago
In the UK everyone has a tax code that tells your employer how much tax you're paying. It doesn't tell the employer why you have that number, which could be for lots of reasons - eg. over / under paid in the past, working two jobs, etc.
Eg. my tax code is 1185L - essentially meaning I have a tax free allowance of £11,850 PA and have no additional income.