"E" tax code = emergency tax?

[Bob Fossil]

Morning all

Just happened to have a read of the wifes payslip and her tax code is showing as "0647E" - does this mean she's on emergency tax? She's been in her job nearly two years so I presume they should have have put her on an L code by now?

Am I likely to be able to claim anything, or will we have to gove them some £££?

Thanks

BF

[Dupont666]

Bob Fossil said:

Morning all

Just happened to have a read of the wifes payslip and her tax code is showing as "0647E" - does this mean she's on emergency tax? She's been in her job nearly two years so I presume they should have have put her on an L code by now?

Am I likely to be able to claim anything, or will we have to gove them some £££?

Thanks

BF

Usually Emergency... try here:

http://www.hmrc.gov.uk/incometax/emergency-code.ht...

Though I see no E code but do rememeber it existing but that was years ago since I was last on it.

[Bob Fossil]

Thanks - I did have a look at that link initially but as you say, no mention of the "E" code...

[Eric Mc]

The "normal" Tax Code is currently 647L.

There is normally no "E" Suffix.

Here is HMRC's explanation of coding letters used -

What is a tax code?
A tax code is usually made up of several numbers and a letter, for example: 117L or K497.

If your tax code is a number followed by a letter
If you multiply the number in your tax code by ten, you'll get the total amount of income you can earn in a year before paying tax.
The letter shows how the number should be adjusted following any changes to allowances announced by the Chancellor - common tax code letters are explained below.
Common tax code letters and what they mean
Letter Reason for use
L For those eligible for the basic Personal Allowance - 647L for the 2010-11 tax year. It is also used for 'emergency' tax codes (read more in the section 'If you're on an emergency tax code')
P For people aged 65 to 74 and eligible for the full Personal Allowance
Y For people aged 75 or over and eligible for the full Personal Allowance
T If there are any other items we need to review in your tax code, for example the income-related reduction to the Personal Allowance (read more in the section 'Effect on your tax code if your income is above £100,000')
K When your total allowances are less than your total 'deductions' - read more in the section 'How tax codes are worked out'

Other tax codes
If your tax code has two letters but no number, or is the letter 'D' followed by a zero, it is normally used where you have two or more sources of income and all of your allowances have been applied to the tax code and income from your main job or pension.

Other tax codes and what they mean Code Reason for use
BR Is used when all your income is taxed at the basic rate - currently 20 per cent (most commonly used for a second job or pension)
D0 Is used when all your income is taxed at the higher rate of tax - currently 40 per cent (most commonly used for a second job or pension)
NT Is used when no tax is to be taken from your income or pension

If you have two jobs or pensions, it is likely that all of your second income will be taxed at the basic or higher rate - depending on how much you earn. This is because all of your allowances will have been used against the income from your main job or pension. If you are due to pay tax at the additional rate of 50 per cent, read the section 'Effect on your tax and tax code - if your income is above £150,000'.

Edited by Eric Mc on Thursday 17th June 11:05