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[Laddey]

Hello, well i recently started a new job, a dying trade infact. Which is good for me because once i'm qualified i should do pretty well for myself. The trade is a butcher if anybody would like to know.

Well today, i opened my wage packet it said £574, i got a tax rebate. I don't understand all that stuff so i'm wondering if anybody has a clue about it.

I was on emergency tax, will i carry on paying emergency tax? If not will my wage rise? Thanks

 

[Marc]

Hello, well i recently started a new job, a dying trade infact. Which is good for me because once i'm qualified i should do pretty well for myself. The trade is a butcher if anybody would like to know.

Well today, i opened my wage packet it said £574, i got a tax rebate. I don't understand all that stuff so i'm wondering if anybody has a clue about it.

I was on emergency tax, will i carry on paying emergency tax? If not will my wage rise? Thanks

Were you on emergency tax at your old employment? If so, I would imagine this is why you got a tax rebate. You shouldnt carry on paying emergency tax

 

[Laddey]

Were you on emergency tax at your old employment? If so, I would imagine this is why you got a tax rebate. You shouldnt carry on paying emergency tax

Previous employment was a steel-errector, self employed and my boss sorted all my wages out. I used to make £70 a day, take home £287 so what would you say?

Before that i was in the army, i got medically discharged. So over the past year i've had all my tax sorted and i've not known nothing about it accept what i take home. Which is what i prefer to know 99% of the time.

 

[cHodAX]

Hello, well i recently started a new job, a dying trade infact. Which is good for me because once i'm qualified i should do pretty well for myself. The trade is a butcher if anybody would like to know.

Well today, i opened my wage packet it said £574, i got a tax rebate. I don't understand all that stuff so i'm wondering if anybody has a clue about it.

I was on emergency tax, will i carry on paying emergency tax? If not will my wage rise? Thanks

Emergency tax is calculated at something like 40% if I recall properly, you are only taxed at that level until you are allocated a tax code at which point your next paypacket should either have a rebate included or you can claim it back direct from the Inland Revenue. They can't issue a rebate until you are allocated a tax code, from then on your wage will settle down to a flat level and you will be taxed the same amount month on month unless Gordon Brown decides he wants some extra money to spend on sweets

 

[Laddey]

Emergency tax is calculated at something like 40% if I recall properly, you are only taxed at that level until you are allocated a tax code at which point your next paypacket should either have a rebate included or you can claim it back direct from the Inland Revenue. They can't issue a rebate until you are allocated a tax code, from then on your wage will settle down to a flat level and you will be taxed the same amount month on month unless Gordon Brown decides he wants some extra money to spend on sweets

So my wage could rise? I mean for example, i pay £60 tax a week, and it settles down to £45, will i take the extra £15 home or will it go elsewhere ?

 

[Marc]

Previous employment was a steel-errector, self employed and my boss sorted all my wages out. I used to make £70 a day, take home £287 so what would you say?

Before that i was in the army, i got medically discharged. So over the past year i've had all my tax sorted and i've not known nothing about it accept what i take home. Which is what i prefer to know 99% of the time.

If you were self employed but your boss sorted your tax out then you must of been a CIS subbie in which case you should of submitted a tax return. As chodax says, you only stop paying emergency tax once you have a tax code.