Tax Codes
Tax codes are used to work out how much tax should be collected on some types of income. We explain the different types of tax code you might encounter, and how to check you’re using the right one.
What is the M1 Tax Code?
17th December 2024It’s normal to presume that the tax code on your payslip is correct, but if you feel like you’re paying an extortionate…
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What is the 0T Tax code?
16th October 2024The majority of us when asked about our tax code have no clue what it is, or if we do, what it…
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What is the 1257L Tax Code?
2nd July 2024If you don’t understand what your tax code means, don’t worry, you’re not the only one. While it may seem easier to…
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What is the 1263L Tax Code?
30th April 2024HMRC reaching out to inform you your tax code has changed can lead to a feeling of dread and anxious questions about…
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How Much Tax Will I Pay?
11th March 2024Tax is a really broad subject and there are all sorts of taxes out there. When most people come to us to…
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What Happens if I Pay my Self Assessment Tax Bill Through my PAYE Tax Code?
10th October 2023If you run a business or side hustle, while also paying tax through PAYE (for example, because you’re employed or receiving a…
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What else is included in our accountancy packages?
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Unlimited support via phone or email
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Annual tax efficiency reviews to reduce your tax bill
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Mobile app to invoice customers & upload receipts
Free representation during a HMRC investigation
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