New job and tax question.

Princey · 8 Nov 2007 at 22:24

I know this has been asked before many times but I'm having trouble understanding it all. I used to work for McDonalds

and left the end of September. I started my new job the second week in October. Its been over a month now and I still have not had my P45 from McDonalds. I've just had my first pay slip from my new job and I'm on the tax code BR. I was previously on 522L and I told this to my new employer.
So what I'm asking is, what should I do and how long does it take to get my tax back that I'm owed?

ste_bla · 8 Nov 2007 at 22:50

Fill in a p46 and send it to current employers payroll takes about 2 weeks to go through does the same job as a p45

Not sure on time question though

Princey · 8 Nov 2007 at 22:50

Nice simple reply, thanks buddy.

ste_bla · 8 Nov 2007 at 22:52

forgot this ;

http://www.hmrc.gov.uk/forms/p46.pdf

big_white_dog84 · 8 Nov 2007 at 23:50

In my experience you need to wait until the end of the tax year to get your overpayment back. Write to them with a copy of your P45s and P60s requesting a refund.

Skeeter · 8 Nov 2007 at 23:53

yep. you will have to wait till april to claim.

lolism · 9 Nov 2007 at 00:16

Skeeter said:
yep. you will have to wait till april to claim.

Wrong, generally any overpayments of tax are refunded in the next pay run.

If its discovered in the current tax year, that is.

ste_bla · 9 Nov 2007 at 11:15

Skeeter said:
yep. you will have to wait till april to claim.

Unless you on PAYE and then it will average it out and you would pay slightly less tax than you would until april

Captain Kirk · 9 Nov 2007 at 11:25

Be prepared to wait a couple of months for your P45 from McD's. I worked there (for too long) and when I left it took them ages to get mine!

Gaspode · 9 Nov 2007 at 11:56

lolism said:
Wrong, generally any overpayments of tax are refunded in the next pay run.

If its discovered in the current tax year, that is.

spot on - if McD send you the P45 and your new employer uses the code on the next available payrun then you should get a refund or at least pay a lot less tax in that month.

where it could get sticky is if McD send it with M1 or X after the code.

so long as your payslips were as 522L then it shouldn't be an issue.

I would call their payroll section and ask to speak to the head of the dept.
explain your missing P45 and how much you are being crippled by tax in your new job.

while you are on the phone confirm you home address - often P45's go to the last known address (hopefully your payslip will show the current correct address).

in the short term a P46 from your new employer will at least allow them to use the 522L code even if it's on the M1 basis until your proper P45 arrives.
it'll be a heck of lot less tax