Paye Tax Code Ot

[sherrardk]

I’m paying tax when I shouldn’t be (I don’t work enough) - my tax code is OT. I’ve googled this and it says it’s because my employer doesn’t have enough information to give me a code. Am I supposed to do something to sort this out or will the happy pixies deal with?

[bednobs]

did you have a p45 from previous employment?

[sherrardk]

Nope, last worked 13 years ago.

[fiction-factory]

Yes, it's effectively a BR code

"Why do I have the tax code OT?
The main causes of being given the OT tax code are:
You’ve started a new job and you can’t give your new employer your last P45 and didn’t complete a P46
Your tax free personal allowance has been used up
You have started with a new employer and couldn’t give them all the information they need to give you a tax code"

Is it a new job? Is it your only job/income- if not do you have tax codes for the others?

[237SJ]

I would think you have to tell the tax office. I had an issue with flat rate expenses at work and my company told me that they don't decide the tax code - they apply the tax code that the tax office gives them. I had to fill out a tax return to sort it out.

[fiction-factory]

Okay. previous answers weren't there when I started typing

[fiction-factory]

Do you have any other income?
When did you start this job? Were you asked for a p45?

[sherrardk]

I was asked for a P45 but I said I didn’t have one, I started in February this year, I don’t have any other jobs.

[fiction-factory]

"If you have no P45, perhaps because you were on a career break or self-employed before you started employment, then the employer should use a Starter Checklist to work out what tax code to use. (Under RTI, the Starter Checklist replaces form P46)."

[sherrardk]

Thanks all, I’ll bring it up at work and they can pass the question on to the relevant person.

[bednobs]

agreed when i got a job after i had been redundant for a period, i had to sign a piece of aper saying i had had no income since april 1st. i presume you could do the same

[fiction-factory]

You should be due for a rebate on taxpaid in Feb/March too if you had the same code then. May take while though- I'm due a small rebate of around £100 from 2018/19 and periodically get a message on my online tax account saying it will be finalised by X, but they kept putting it back 3 months at a time and I've now been told I'll get it by 5th April 2021. I assume furloughing and self employed grants are the priority now.