Cracking the Code

You may have noticed that HMRC now include other types of income in your tax code. This could include, for example, rental income which has been received without the deduction of tax. Including this type of income in your tax code effectively speeds up tax collection!

If you do not want this type of income included in your tax code you can ask for it to be taken out. The tax due is of course still payable but it does not have to be deducted from your monthly or weekly income. HMRC will arrange for you to pay this tax direct.

In order to ensure that you are paying the right amount of tax each week or month, it is important that you check your tax code once you receive it from HMRC. The guide below will help you do this. If you would like further assistance please pass your tax code on to us for checking.