Crosswords1 min ago
disclose your tax code to your employer
7 Answers
why is it that the inland revenue state that they do not disclose your tax code to your employer- but since your payslip comes from your employer and includes your tax code - then how could they not know?
(was unable to post in money and finance topic)
(was unable to post in money and finance topic)
Answers
Best Answer
No best answer has yet been selected by tali122. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.I'm a bit confused by your question!
You write : "why is it that the inland revenue state that they do not disclose your tax code to your employer" - My problem is that I can't think where you may have read/heard this! It's clearly not true for the very reason you suggested. (The purpose of a tax code is to tell your employer how much tax to deduct from your pay. Without the code your payroll section can't work out what to pay you!).
I can only think that you've become confused by the rules relating to second jobs. If you've got a second job and most of the tax is deducted from your first employment then HM Revenue & Customs (the new name for the body which replaced Inland Revenue) will only supply your second employer with a letter code which tells them how much tax to deduct. i.e. your second employer will not know your main tax code.
Chris
You write : "why is it that the inland revenue state that they do not disclose your tax code to your employer" - My problem is that I can't think where you may have read/heard this! It's clearly not true for the very reason you suggested. (The purpose of a tax code is to tell your employer how much tax to deduct from your pay. Without the code your payroll section can't work out what to pay you!).
I can only think that you've become confused by the rules relating to second jobs. If you've got a second job and most of the tax is deducted from your first employment then HM Revenue & Customs (the new name for the body which replaced Inland Revenue) will only supply your second employer with a letter code which tells them how much tax to deduct. i.e. your second employer will not know your main tax code.
Chris
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.