Just been on to HMRC (1) to request a change to a clients tax code, which had been split between two employers, one of which he no longer works for.
The lady advised that the new tax code would be 1060AL, with the A standing for accumulated. Not come across that one before, and gov.uk doesn't list it. Anyone heard of it before?
(1) Phoned twice as I had to go back to the client for more info. Both times the phone was answered in a relatively short period of time (less than 2 minutes) and both ladies were very helpful on the phone, so credit where it's due.
By contrast, I am currently on the phone to the VAT helpline, and call still not answered after 15 minutes! Just a pity there isn't an agent dedicated line for VAT.
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John
Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
Never heard of that one and had exact same scenario but client has just reverted to 1060L after some prodding, which was over 6 weeks after his p45 from one company via RTI. RTI = pointless. Will the code go in Moneysoft?
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Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position
This is a self assessment client who is also paye. Just tried sticking 1060AL in a dummy moneysoft and the computer says no! Thought it was strange when she gave me the code, but she actually said the A stood for accumulated or something similar.
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John
Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
No, I've never heard of that code either. The L suffix on the tax code tells us that it is accumulated anyway, rather than a wk1/mth1 tax code. Just a wild stab in the dark, but she wasn't referring to the NI letter was she? (No....that's silly...lol)
Sounds like she was just using bad English. As in use a L code instead of use an L code. Oh dear. You could ring them back - especially if they answer the phone that quickly!
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Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position
Sounds like she was just using bad English. As in use a L code instead of use an L code. Oh dear. You could ring them back - especially if they answer the phone that quickly!
