Why has my tax code changed??

[GhostRider]

So, I get back from holiday and theres a letter waiting for me from the inland revenue. Never a good thing I always think. But behold, they tell me my tax code for April 2009 will now be 647L as opposed to 450L. I believe im correct in thinking that this is a good thing, but such good news always makes me suspicious and im wondering why they have done this, as my financial circumstances have not changed drastically at all. The only thing I can think of is that my old company filled in a form wrong, leading the inland revenue to believe I owed £800 in tax, for which they altered my tax code accordingly. I forgot about this for a while and then got in touch with my old company and asked them to sort it out, though they haven’t got back to me since I sent the letter to them in December. So, im thinking maybe this might be a result of this correction – although I was told that upon my company correcting their error, I would get the money back straight away i.e in a lump sum as opposed to being paid back gradually via reduced taxes, so thats why Im unsure – any ideas as to why they might have done this??

GhostRider
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I have all the characteristics of a human being: blood, flesh, skin, hair; but not a single, clear, identifiable emotion, except for greed and disgust. Something horrible is happening inside of me and I don't know why. My nightly bloodlust has overflown into my days. I feel lethal, on the verge of frenzy. I think my mask of sanity is about to slip.

[Itchy]

Its good as you get more tax free money , or rather your wages get taxed less..

It goes up post April anyway for the personal allowance increase.

But if the IR owe you money still and haven't given it back via your wages.

Phone up your local tax office and ask for a form R40 , if you are just an employee should 4 entries (the address and NI should be filled out easy) on the form send it back and you should get it back
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Spain 2008France 2007Big one 2009 We all die. The goal isn't to live forever, the goal is to create something that will. In the end, your life will flash before your eyes. Make sure it is worth watching.

[GhostRider]

[Itchy]

[yambabe]

Gawd Itchy you don't half make things complicated!

GhostRider you will get a lump sum repayment back in your next wage packet, (it should be approx £360) and after that you will be paying less tax than you were before.

Standard code at the moment is 603L. When you were on 450L they would have been either collecting a previous underpayment or making an allowance for another source of income (2nd job, tips if you work in catering, company vehicle are the most common ones). Now it looks like you have overpaid tax slightly so they are letting you pay less tax for the rest of this year to make up for it.

All this should be on the notice of coding, in the box in the middle.
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Sod falling in love, I wanna fall in chocolate.

[GhostRider]