info@payrollontime.co.uk tel: +44 (0)1628 664 106       mob: 07903543499
photo_30166_20140111
February 3, 2016 No Comments

Emergency Tax Code

Posted by:Payroll On Time onFebruary 3, 2016

Emergency tax codes are temporary. While you’re on an emergency tax code, you pay tax on all your income above the basic Personal Allowance (£10,600 for the 2015 to 2016 tax year).

You’re on an emergency tax code if your payslip says your tax code is one of the following:

  • 1060L W1
  • 1060L M1
  • 1060L X

Source – GOV UK