If you’ve recently started a new job and are being charged Emergency Tax, you can take a few steps to rectify the situation. Firstly, ensure that you complete and submit a P45 form to your employer. This form helps the employer understand your most recent tax situation and can prevent you from being overtaxed. If you do not have a P45 form, you can request one from your previous employer or contact HMRC directly. Additionally, you can complete the online Starter Checklist on the HMRC website, which will guide you through the necessary steps to ensure correct tax deductions. Remember, it’s important to address this issue promptly to avoid overpaying taxes.
Emergency Tax Code
Emergency tax code is a temporary tax code that is applied to your income when you start a new job. It means that you will pay more tax than you would normally, and you will not be able to claim any tax allowances. This is because HMRC does not have enough information about your income and tax circumstances to give you a correct tax code.
You can stop being charged emergency tax by providing HMRC with your P45 from your previous job, or by completing a self-assessment tax return.
Avoiding Emergency Tax Code
- Provide your P45 to your new employer as soon as possible.
- Complete a self-assessment tax return if you are self-employed or have other sources of income.
- Contact HMRC if you have any questions about your tax code.
Emergency Tax Refunds
If you have been overpaying tax because of emergency tax code, you can claim a refund from HMRC. You can do this by completing a self-assessment tax return or by contacting HMRC.
| Tax Code | Description |
|---|---|
| BR | Basic rate taxpayer |
| D0 | No tax allowances |
| NT | Not taxed |
How to Stop Being Charged Emergency Tax
Emergency tax is a temporary measure that HM Revenue and Customs (HMRC) may apply to your income if they don’t have your correct tax code. This means you could end up paying more tax than you should. Here’s how to stop being charged emergency tax:
1. Check Your Tax Code
- Your tax code is a unique identifier that tells your employer or pension provider how much tax to deduct from your income.
- You can find your tax code on your payslip or pension statement.
- If your tax code is incorrect, you need to contact HMRC to get it corrected.
2. Contact HMRC
You can contact HMRC by:
- Phone: 0300 200 3300
- Online: https://www.gov.uk/contact-hmrc
- Post: HM Revenue and Customs, BX9 1AS
When you contact HMRC, you will need to provide your:
- Name
- Address
- National Insurance number
- Tax code
3. Provide Proof of Income
HMRC may ask you to provide proof of your income, such as:
- Payslips
- Pension statements
- Bank statements
4. Wait for HMRC to Correct Your Tax Code
Once you have provided HMRC with the necessary information, they will correct your tax code. This can take up to 30 days.
5. Claim a Refund
If you have been overpaying tax because of an incorrect tax code, you can claim a refund from HMRC.
| Part | Meaning |
|---|---|
| First part | Indicates your tax-free personal allowance |
| Second part | A letter indicating your non-savings income |
| Third part | A number indicating your additional personal allowance or tax credit (if applicable) |
## Contact and Resolution
If you’re being charged Emergency Tax, you should contact HM Revenue and Customs (HMRC) as soon as possible to resolve the issue. You can do this by phone, post, or via their online services.
- Phone: 0300 200 3300
- Post: HM Revenue and Customs, BX9 1AS, United Kingdom
- Online: www.gov.uk/contact-hmrc
What to expect when you contact HMRC
When you contact HMRC, they will ask you for some personal information, such as your name, address, and National Insurance number. They will also ask you about your employment and income. Be prepared to provide them with this information so that they can process your request quickly and efficiently.
Once they have processed your request, HMRC will let you know if you are still liable for Emergency Tax. If you are, they will explain why and provide you with information on how to appeal the decision.
| Contact Method | Instructions |
|---|---|
| Phone | Call 0300 200 3300 and follow the prompts. |
| Post | Write to HM Revenue and Customs, BX9 1AS, United Kingdom. |
| Online | Go to www.gov.uk/contact-hmrc and follow the instructions. |
Avoidance of Future Emergency Tax Charges
To avoid being charged Emergency Tax in the future, it is important to ensure that your tax code is correct. You can check your tax code on your payslip or by contacting HMRC. If your tax code is incorrect, you can contact HMRC to have it corrected.
In addition, you can also avoid being charged Emergency Tax by ensuring that you submit a Self Assessment tax return on time. If you are self-employed or have other sources of income that are not taxed at source, you will need to submit a Self Assessment tax return. The deadline for submitting a Self Assessment tax return is 31st January each year.
- Contact HMRC to check your tax code.
- Submit a Self Assessment tax return on time.
| Tax Code | Meaning |
|---|---|
| 1250L | No tax due |
| 1250M | Basic personal allowance |
| 1250X | Emergency Tax |
Alright then, there you have it, everything you need to know for uncovering the mystery of that dreaded emergency tax. Remember, you don’t have to suffer the sting of unwanted overcharges. By getting organised with your tax affairs and keeping an eye on your earnings, you can avoid the hassle of overpaying and claim back what’s rightfully yours. Thanks for stopping by, and be sure to give us another visit sometime – we’ve got plenty more money-saving tips and tricks to share with you!