I've been paid too much by work. Disaster.
Through a combination of me not being properly educated about how to use the time sheet system and the time sheet system itself not working properly, I have been paid £270 too much in November and December last year.
These are from out of office and offshore allowances that I received, £10 for being 25+ miles from the office and £50 for being overseas or offshore.
So I write to accounts and tell them and get a reply saying I'll be paid £270 less next month.
But what about tax? Closer inspection shows that I pay no tax on the £10 allowances but I do pay 20% tax on the £50 allowances.
The £270 is made up of 17*£10 + 2*£50.
If I am simply paid £270 less on my next pay slip, will I be losing out or avoiding tax somehow? Can't get my head around it.
Through a combination of me not being properly educated about how to use the time sheet system and the time sheet system itself not working properly, I have been paid £270 too much in November and December last year.
These are from out of office and offshore allowances that I received, £10 for being 25+ miles from the office and £50 for being overseas or offshore.
So I write to accounts and tell them and get a reply saying I'll be paid £270 less next month.
But what about tax? Closer inspection shows that I pay no tax on the £10 allowances but I do pay 20% tax on the £50 allowances.
The £270 is made up of 17*£10 + 2*£50.
If I am simply paid £270 less on my next pay slip, will I be losing out or avoiding tax somehow? Can't get my head around it.