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PAYE coding notices
Over the next few months HMRC will be sending out new PAYE tax codes for the 2014/15 tax year. HMRC are advising that some individuals may receive more than one coding especially if they have:
- two or more employments at the same time
- income from two or more pensions
- pension income and employment income.
HMRC may send a PAYE coding notice for each job or pension and the new tax codes will be used from 6 April 2014.
Any personal tax client of F&L that receives a coding notice should forward a copy to us immediately to allow us to review the code and advise you of any changes that may be required.
F&L