Waarom het my belastingkode verander en wat beteken die nuwe 1257L -kode?

SOME Brits might have noticed that their tax code has changed for the 2021/22 tax year.

It’s worth checking your code and if it’s correct, or you could end up hundreds of pounds out of pocket.

Your tax code is a mixture of numbers and letters used by your employer to work out how much tax you need to pay

Your tax code is a mixture of numbers and letters used by your employer to work out how much tax you need to payKrediet: Getty – Bydraer

You’ll have a tax code if you’re employed full-time or part-time, of 'n privaat pensioen ontvang.

Yet millions of us don’t even bother to check if ours is correct.

The code is a mixture of numbers and letters and is used by your employer to work out how much tax you need to pay.

They will take the sum of money from your paycheck before it arrives in your account.

If you’re on the wrong tax code, u kan enige ekstra kontant sien wat u te veel betaal het aan u terugbetaal.

This tax year has seen some of the tax codes change, so it’s a good idea to get clued up on what they mean.

The most common tax code is 1257L.

We explain what the 1257L tax code means, and how to check if you’re on the right tax code to avoid losing out on hundreds of pounds.

Hoe vind ek my belastingkode uit??

Brits will have had letters arrive in the post from February telling them what their tax code is for the 2021/22 tax year.

This year’s tax year started April 6 2021 en duur tot April 5 2022.

But if you didn’t get a letter, or can’t find where it is, there are a number of ways you can check what your tax code is for the current tax year.

U belastingkode sal op u betaalstrokie verskyn, word gewoonlik naby u Nasionale Versekeringsnommer gelys.

U onderneming moet u 'n betaalstrokie voorsien, so as jy nie seker is hoe om toegang daartoe te kry nie, vra u werkgewer vir leiding.

U kan ook die die regering se aanlyn belastingkontrole-instrument om u belastingkode te sien.

What does the 1257L tax code mean?

Your tax code will be a combination of letters and numbershere’s what they mean.

There will be three or four digits in your tax codeyou need to multiply this number by 10 om te sien wat u belastingvry per jaar kan verdien.

The standard tax code for basic-rate tax payers (those earning between £12,501 and £50,000) has changed for the 2021/22 tax year.

It’s the most common tax code and is now 1257L, instead of 1250L.

So you need to multiply 1257 deur 10 to find out what you can earn tax-freewhich is £12,750 a year. This is called your personal allowance.

Die letters in u belastingkode dui aan hoeveel u moet betaal, en die L beteken dat u op die basiese persoonlike toelae geregtig is.

U kan 'n ander letter in u belastingkode hê – we’ve rounded up what the other letters mean below.

Wat beteken die letters in my belastingkode?

DIE letters in die kode op u betaalstrokie dui aan hoeveel belasting u moet betaal. Hier is ons gids vir wat elkeen van die letters beteken:

  • L U is geregtig op die standaard belastingvrye persoonlike toelaag
  • M Huwelikstoelaag: jy het 'n oordrag ontvang van 10 per cent of your partner’s Personal Allowance
  • N Huwelikstoelaag: jy oorgedra het 10 per cent of your Personal Allowance to your partner
  • S U inkomste of pensioen word belas volgens die tariewe in Skotland
  • T U belastingkode bevat ander berekeninge om u persoonlike toelae uit te werk, dit is byvoorbeeld verminder omdat u geskatte jaarlikse inkomste meer as £ 100.000 is
  • 0T U persoonlike toelaag is opgebruik, of u het 'n nuwe werk begin en u werkgewer het nie die nodige besonderhede om 'n belastingkode aan u te gee nie
  • BR Al u inkomste uit hierdie werk of pensioen word teen die basiese koers belas (word gewoonlik gebruik as u meer as een werk of pensioen het)
  • D0 Al u inkomste uit hierdie werk of pensioen word teen die hoër koers belas (word gewoonlik gebruik as u meer as een werk of pensioen het)
  • D1 Al u inkomste uit hierdie werk of pensioen word teen die addisionele tarief belas (word gewoonlik gebruik as u meer as een werk of pensioen het)
  • NT U betaal geen belasting op hierdie inkomste nie
  • Belastingkodes wat begin met K beteken dat u inkomste het wat nie op 'n ander manier belas word nie en dit meer werd is as u belastingvrye toelaag.

U hoef nie inkomstebelasting te betaal as u jaarlikse lone laer is as u persoonlike toelaag nie, wat aangedui word deur die letters NT in u belastingkode.

U kan ook NT sien as u 'n selfstandige kontrakteur is wat 'n nasionale versekering moet betaal, maar nie inkomstebelasting nie.

How do I find out if my tax code is wrong?

You can check if your tax code is correct by using HMRC’s online tool of MoneySavingExpert’s free online tax calculator.

As dit verkeerd is, kontak HMRC om dit te laat weet 0300 200 3300. As dit reg is, jy hoef niks te doen nie.

According to tax investigation insurers PfP, research found that the best time of day to call is in the morning between 8.30am and 9.30am and early lunchtime between noon and 12.30pm.

The worst times to get in touch were between 4.30pm and 5pmwith callers being forced to wait 12 minutes to speak to an agent.

HMRC will write to you or email you if they change your tax codeand they will also write to your employer about any changes too.

Dan, your updated tax code should show on your next pay slip.

How do I know if I’m owed a tax refund?

If you are due a tax rebate HMRC will let you know by sending you a letter called a P800 or a simple assessment letter.

P800 letters can also tell you that you haven’t paid enough tax, so don’t get too excited when one comes through your letter box.

You will only get a P800 after the tax year has endedthe letter won’t usually arrive until around September.

This letter will tell you if you can claim online through the government’s website.

If you claim online the money will be sent to your account in about five days.

Or you can wait for 45 days and the government will send you a cheque in the post.

Here’s hoe om tot £ 43,590 te verdien sonder om belasting te betaal.

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