Hey there! Sign in to join this conversationNew here? Join for free
    • Thread Starter
    Offline

    0
    ReputationRep:
    so got paid at my new job and the tax system doesnt seem to be matching whats on the website or by law. doesnt make any sense! i need help!!

    on the website 20% tax and 12% insurance

    new job = 20% tax and 8.3 % NI * annual salary £19,500

    old job = 10% for tax and insurance *£13,100
    • TSR Support Team
    • Very Important Poster
    Offline

    21
    ReputationRep:
    TSR Support Team
    Very Important Poster
    Which website?

    This website explains the current tax rates.
    • Thread Starter
    Offline

    0
    ReputationRep:
    gov.co.uk *thats the general rule of thumb*
    Offline

    3
    ReputationRep:
    You need to provide more information. Are you saying in your previous job you only paid 10% tax?
    Offline

    18
    ReputationRep:
    (Original post by yinsoen)
    so got paid at my new job and the tax system doesnt seem to be matching whats on the website or by law. doesnt make any sense! i need help!!

    on the website 20% tax and 12% insurance

    new job = 20% tax and 8.3 %
    old job = 10% for tax and insurance
    Tax is always an odd one. But if you have just started a new job, chances are you might be on an emergency tax code. Also, if you have started a job mid-way though the year, you will be due a refund next year as you will be paying tax based on 12 months employment in the tax year. Also - do student debt repayments come out before tax? If so, that will change things a bit.

    It will all work itself out eventually.
    Offline

    19
    ReputationRep:
    (Original post by ByEeek)
    Tax is always an odd one. But if you have just started a new job, chances are you might be on an emergency tax code. Also, if you have started a job mid-way though the year, you will be due a refund next year as you will be paying tax based on 12 months employment in the tax year. Also - do student debt repayments come out before tax? If so, that will change things a bit.

    It will all work itself out eventually.
    I agree.
    Phone hmrc if you are unsure.
    • Thread Starter
    Offline

    0
    ReputationRep:
    (Original post by Mega0448)
    You need to provide more information. Are you saying in your previous job you only paid 10% tax?
    yeah including national insurance check with my old colleagues they said its the same. *
    • Thread Starter
    Offline

    0
    ReputationRep:
    (Original post by ByEeek)
    Tax is always an odd one. But if you have just started a new job, chances are you might be on an emergency tax code. Also, if you have started a job mid-way though the year, you will be due a refund next year as you will be paying tax based on 12 months employment in the tax year. Also - do student debt repayments come out before tax? If so, that will change things a bit.

    It will all work itself out eventually.
    I check on the *payslip same tax code 1100L, maybe started about a month ago, I have no student debts*
    Offline

    2
    ReputationRep:
    What exactly does your payslip say, what is your gross pay and any deductions? Have you had another job since April 6th? Then we can tell if you've been taxed correctly or not
 
 
 
Reply
Submit reply
TSR Support Team

We have a brilliant team of more than 60 Support Team members looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.

Updated: September 3, 2016
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • Poll
    What's your favourite Christmas sweets?
    Useful resources
    How much money do you spend a week?The ultimate guide to tax!Guide to student bank accounts

    Sponsored features:

    Web Legend

    Win a Macbook Air!

    Blog about setting up a website for a chance to win in our Web Legend competition.

    Quick link:

    Unanswered money and finance threads

    Groups associated with this forum:

    View associated groups
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

    Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

    Quick reply
    Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.