Underpayment of tax by PAYE

[northernladuk]

Like other said, I've had the same and it was the fact still on company payroll. Its by design, my accountant says they have a few people on BR codes due to multiple employments then get a massive tax bill at the end of the year to settle. Just how it works.

For people mixing inside and outside roles, extra care needs to be taken to make sure don’t end up on BR code. I was at one point when learning this for myself and got it changed so I could pay off the tax each month rather than bill at the end of the year.

Any chance you an stop using the small text? It's difficult to read.

[northernladuk]

I was on BR tax code (emergency tax code) for whole of the year. Even after my income, that I received, reached above 150K, HMRC did not issue me any new tax code. They kept me on the BR tax code only.

Sorry but this is on you. You shouldn't be on a tax code for that long and it's your responsibility to know that's wrong and change it with HMRC. You can't rely on other people to do it for you when you know you are on an emergency code. You've dropped the ball here I am afraid.

[Lance]

Sorry but this is on you. You shouldn't be on a tax code for that long and it's your responsibility to know that's wrong and change it with HMRC. You can't rely on other people to do it for you when you know you are on an emergency code. You've dropped the ball here I am afraid.

Am I right in thinking that the LTD should simply have issued a P45, that was then provided to the PAYE/Umbrella?
And that would have been the end of it?

[eek]

Am I right in thinking that the LTD should simply have issued a P45, that was then provided to the PAYE/Umbrella?
And that would have been the end of it?

Yes.

[SueEllen]

Am I right in thinking that the LTD should simply have issued a P45, that was then provided to the PAYE/Umbrella?

Yes

And that would have been the end of it?

Could have still ended up on the wrong tax code.

Not hard to sort out after checking payslips.

[Paralytic]

Am I right in thinking that the LTD should simply have issued a P45, that was then provided to the PAYE/Umbrella?
And that would have been the end of it?

Alternatively, HMRC online can be used to change expected income etc and that would result in a change of tax code.