Tax - it bloody well *is* taxing - Grin with cat attached — LiveJournal
Previous Entry Next Entry
Tax - it bloody well *is* taxing Jul. 20th, 2004 01:08 pm
The amount of tax I've paid on my salary looks a bit much. However (on the basis that both lots got paid at once) by treating both the salary I failed to be paid last month, and this month's salary, as one month's for tax purposes (instead of 2 months) I get within 20p of the amount paid.


From: valkyriekaren
Date: July 20th, 2004 - 12:23 pm (Link)
You'll probably get some of it back with your next month's salary, or will pay less tax on it. Wouldn't worry unless it looks like you're being consistently overtaxed.
From: timeplease
Date: July 20th, 2004 - 03:25 pm (Link)
As long as the two months don't span more than one tax year, and you are on a cumulative tax code (i.e. not a month 1 basis code) you should be fine.

The situation with NI is more complicated...