Quote:
Originally Posted by Will.
Thanks everyone
It says my tax code is 0T
I won’t be earning over 11500 by April. I’m earning around 700-900 a month.
And what’s confusing is this month I earned £930 and If you times that by 12 you don’t even get 11500.
|
Yeah that's basically the same thing as BR. 0T means zero personal allowance, so you're paying 20%. Get it fixed and you will get it back
.
Like I said though you will still pay National Insurance (12% of earnings over £157 a week) though... which on £930 a month would be roughly £7 a week (£30 a month) and you might pay a little into a bull**** pension scheme but that will be a very small amount.