Tax code 269L

[Jog On]

On my most recent payslip from my accountant my tax code has changed to 269L - giving me a tax free allowance of £2690....

This is a big drop from previous years - has anyone else had this?

[WTFH]

On my most recent payslip from my accountant my tax code has changed to 269L - giving me a tax free allowance of £2690....

This is a big drop from previous years - has anyone else had this?

It's possibly karma, mine has gone up to 2150L, so yours is just to keep the universe in balance

[Jog On]

It's possibly karma, mine has gone up to 2150L, so yours is just to keep the universe in balance

I just called them and it's 'pay as you go' BIK for my shiny company car.

[washed up contractor]

I just called them and it's 'pay as you go' BIK for my shiny company car.

You bought a new shiny car through your company and didnt anticipate a big BIK bill!?

[Jog On]

You bought a new shiny car through your company and didnt anticipate a big BIK bill!?

Yes - after I'd filled out a tax return about this time next year. Not as I go along taken through my tax code. It would have been nice if they'd at least asked me if I wanted to do it that way.

[ladymuck]

There's a box you tick (or untick, can't remember which way round) on your SAR about whether you want tax due to be collected via PAYE or not. Looks like you didn't check this

[Jog On]

There's a box you tick (or untick, can't remember which way round) on your SAR about whether you want tax due to be collected via PAYE or not. Looks like you didn't check this

I haven't filled out an SAR or anything since getting the car. My accountants have though...

[ladymuck]

I haven't filled out an SAR or anything since getting the car. My accountants have though...

Did you check it or just assumed it was correct because you'd paid someone?

[Jog On]

Did you check it or just assumed it was correct because you'd paid someone?

Check what? I haven't seen nor heard nor smelt any form of any kind from my accountant. It went like this:

I get car
I tell accountant
I receive payslip with new tax code
I phone HMRC
They tell me I'm on PAYG BIK

Again I haven't seen any forms of any kind since taking out the car agreement. Any form filling has been done by accountant without any input from me.

[Lance]

was the car on your P11d?