Tax Code BR

[inafix]

Hi guys,I have been paying income tax on my wages with a BR tax code for a few years now after being made redundant.I am 56yrs old and I draw a small pension from my last employers of 30yrs,do you think I am on the wrong code,many thanks.

[Coppertop84]

Hello,

When you have other incomes such as a pension, wages are usually taxed at basic rate (BR). You may want to call HMRC to discuss your individual tax situation to check you are on the right tax code. They could then always issue form P6 to your employer if the tax code is wrong.

[ummmm]

Better still....go into your local tax office. It will be sorted there and then. They are very helpful.

[craft1948]

it depends what your private pension is worth...if it's less than £6030.00 you are being taxed at the wrong code.

[inafix]

Thanks guys for your promt answers,i will try and call in the office this week.