Hi, I have just started a new job, I have not worked for a couple of years I have not claimed any benifits either as my ex husband supported me. Will I pay tax on my first wage?
I thought you had to earn so much before you paid tax, but like you said, I will pay it from the beginning, I am presuming then, that I will be due a tax rebate next April for any tax overpaid?
HMRC do no such thing.
As a new employee you will either have a P45 from a previous job or you fill in a P46. Depending what boxes you tick on this form depends what HMRC tells employers to do, but the worst that happens is that you get a BR tax code. This means that tax is docked at a basic rate of 20%, not one third as suggested above.
Once you get a tax code assigned, the correction to your tax position will automatically happen.