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tax code

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royzart | 19:10 Mon 06th Aug 2012 | Personal Finance
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Hi does anybody know what W/M1 TAX CODE is
never had this one before....
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Avatar Image dzug2
It isn't a tax code - it's a qualifier to a tax code to indicate that it is not to be applied on a cumulative basis. You should have a numeric code as well.

It actually means Week/Month 1
19:20 Mon 06th Aug 2012
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many thanks...i notice that there is no tax code displayed
other than w/m1.....
19:26 Mon 06th Aug 2012
Avatar Image dzug2
Then someone has goofed.
19:40 Mon 06th Aug 2012
Avatar Image Captain Spod
It means 'Week One / Month One@ and explained here: http://www.hmrc.gov.u...intro/tax-codes.htm#4
00:57 Sun 12th Aug 2012

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