The tax code is used by your employer or pension provider to determine the amount of tax to be deducted from your pay or pension. However, tax codes can be confusing, and it can be difficult to determine if you are paying the correct amount of tax. This is where a tax code checker can be useful.
Where do I find it?
There are several tax code checkers available online that you can use. The most reliable one is provided by the UK government's official website. You can access it through the "Check your Income Tax" page on the gov.uk website. This tool is free to use and easy to navigate. All you need is your National Insurance number and your income details.
You should always double check that you are paying the correct amount of tax. You can do that with help fra TaxHelper.
How to use it
Using the tax code checker is straightforward. Once you have accessed the tool on the gov.uk website, you will be prompted to enter your personal information, such as your name, date of birth, and National Insurance number. You will also be asked to provide details about your income, including your employment status, pension income, and any other sources of income. Once you have entered all of your details, the tool will calculate your tax code and tell you if you are paying the correct amount of tax.
Using a tax code checker is recommended. It can help you ensure that you are paying the correct amount of tax and avoid any unexpected tax bills. By using the tool, you can also identify if you have been overpaying or underpaying tax and take steps to correct it. Additionally, if you have recently changed jobs or started receiving a pension, your tax code may have changed, and it's essential to check that you are on the correct tax code to avoid any discrepancies.
In conclusion, the tax code checker is a useful tool that can help you understand your tax code and ensure that you are paying the correct amount of tax. By using the tool, you can identify any discrepancies and take steps to correct them. So, if you haven't checked your tax code recently, it's worth using the tax code checker to ensure that you are on the correct tax code and avoid any unexpected tax bills.
In TaxHelper, we help you find the tax refunds you are entitled to. You just answer simple questions that only take 15 min. to go through.
Afterwards, we report the tax refunds and you get an extra £308 paid out on average. And you only pay if you get a tax refund.
Step-by-step guide on how to claim your tax rebate this year