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Tax
Good Afternoon :)
At the mo im on an apprentership and get my wages with massive chunks took out of it because of tax! I now get why people moan soooo much about this. Do i count as a student if im on a learning apprentership? If so i heard of a fellow worker that i might be able to get it back. Can anyone help , id be very greatful? |
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I'm sure there was a similar conversation with somebody a few months ago and I stand to be corrected, but students come under the same rules for tax as anybody else. The reason they rarely pay any is because they don't work long enough in a year to get past the threshold figure. If you are earning more than £6,035 a year then you pay tax. |
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Best thing you can do is just look at your take home pay, it gets frightening looking at the tax taken out especially when you lok at the total :eek:
I could live off what I give the tax men :mad: Do you have to buy tools, boots, overall's etc? or even wash your own overall's, you can claim for these, only a bit but every little helps |
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Yes i earn over £6,000 a year so i will have to like the rest :( oh well was worth a try. But nope i dont have to buy my own overalls etc KSH so... + yes it is frightening. I looked at it today and thought thats nearly two weeks of earnings your robbing! It was quite suprised to tell you the truth! :o
Thanks all for replies :) |
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I guess you don't get paid weekly then :D |
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If you are in any doubt, ring the HMRC help-line and ask. The number will be in your phone book.
The person you speak to will check if you have the correct, cumulative code number and, if not, may be able to sort it out while you are on the phone. |
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my tax code is BR :s?
I have not the foggiest what this means. I type in my amount etc and comes up with same amount of tax on my pay slip It must be just normal but seemed alot compared to what i earned in a month :/ |
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BR means you are being taxed at Basic Rate and you have not been given any allowances. This can apply if you have 2 jobs (allowances can only be given against one employment) but it is sometimes operated by some large employers when new people start with them who haven't provided a P45(3). They shouldn't really do it, they should operate a normal code number on a week 1 basis (in other words, not cumulative) and send a P46 to HMRC, but it does mean they are covered if the employee has other employment - and so is the employee. A lot of Call Centres do it as they employ a lot of part-timers who have other jobs. Assuming this is your only employment and you don't receive any pension or other form of taxable payment you shouldn't be on Code BR so, as I said before, ring HMRC. It shouldn't take long to sort out and you may be in line for a repayment of the tax you've overpaid. I must stress I am speaking in general terms here as I don't know all your personal circumstances. I do, however, know what I'm talking about - being ex-HMRC. |
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No wonder he is paying tax to keep the whole nation going :) |
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West End you are a saint my friend!
Laughing at lancsdaves comment haha! :D This is my only employment and i dont recieve a pension so will indeed ring HMRC. Maybe i could get some of it back i suppose then! :) |
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FC did you try it with a code of 603L ? That should give you an idea of what a normal taxpayer would pay. As West Ender says get on to the tax office straight away, the longer you leave it the longer the government get interest on your fortune :D
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yep, as others have said, you should not be on BR if this is your only job, you will get it all back except what you should pay on a standard tax code.
I look at my tax bill sometimes and wonder why I go to work, just be grateful you are only paying 25%, when you get to ~38K it goes up to 40% on anything over that! |
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If you are paying 25% I advise you to complain immediately. The Standard rate is 20%. :D |
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Is it BR beacuse im on an apprentership?
id of thought if im earning 8,000 its the same as a job? as i dont go college. |
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Also ive just checked it with 603L , its kind of a big difference haha :D
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No, it's just your employer "playing safe" on your behalf. You are employed, no matter what you earn, and even if you went to college, on Day Release etc., it wouldn't make any difference. At least this way you will not be left with a bill for unpaid tax. Let me know what happens when you ring HMRC. :) |
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Just to let you know. I went into work today and before i rung up i went to finance office. Asked about tax and they had already requested a p46 for me so i filled it in and they said your tax will be stopped because i started halfway through the year so dont earn enough to make you pay tax this year which is great news and i will get the money im owed from the excess tax on next months pay packet. Also the tax next year i pay will be lower as this time they gave me a emergency tax code as they didnt have my details.
So all in all its great news :) Thankyou all , especially West Ender |
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Good news, it always helps to have a former tax officer as a member:)
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I'm really pleased to hear that, Lee. :)
When it's sorted (next payday?), mind you don't go mad and spend it all at once. :laugh8: |
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Thankyou :)
Well it will be sorted for next months payslip , so the money im owed will go on that! Haha il try not too , but im alright with money however it is quite tempting :D |
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Its threads like this that make you realise the magic of accyweb :)
Karma for you Westender And yeah Lee I know its you now :D |
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Thank you, H R. :)
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glad yer sorted, nice one west ender.:)
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Got to spread it around Westender(karma I mean) but tried to send you some. Sorry no go:)
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Don't worry, I agree with you, Westender deserves karma, I will donate it on your behalf. |
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