Will someone please tell me I'm not going mad.

I received my payslip today and my monthly tax has gone down by £140.  Upon 
querying with Personnel they confirm this is because of the adjustments from 
September for the '10% tax-band loss compensation' from the Chancellor.

However, I'm a higher-rate tax payer and should receive £0 anyway as the 
thresholds were also adjusted for the tax bands as well as the tax free 
allowance.

Also, the rebate should of been £60 and then £10 per month, totalling £120.

After 'arguing' they still insist they are right and everyone gets the 
rebate!

Something is wrong?  It will all come out in the wash anyway when my tax 
return is submitted as I will just owe the tax...

Regards,
Justin.

"Justin Cole"  wrote in message
news:RHxEk.64931$E41.13239@text.news.virginmedia.com...
> Will someone please tell me I'm not going mad.
>
> I received my payslip today and my monthly tax has gone down by £140.  Upon
> querying with Personnel they confirm this is because of the adjustments from
> September for the '10% tax-band loss compensation' from the Chancellor.
>
> However, I'm a higher-rate tax payer and should receive £0 anyway as the
> thresholds were also adjusted for the tax bands as well as the tax free
> allowance.

Yes. Your tax code should have gone up by 60 since last month. In addition the
HRT band should have been adjusted so that HRT is due on annual income after
allowances of 34800 instead of 36000.

> Also, the rebate should of been £60 and then £10 per month, totalling £120.
>
> After 'arguing' they still insist they are right and everyone gets the
> rebate!

They are wrong. You are right.

> Something is wrong?  It will all come out in the wash anyway when my tax
> return is submitted as I will just owe the tax...

Has anything else changed? Is your income the same every month?

--
Andy

In message of Wed, 1 Oct 2008, Andy Pandy writes
>
>"Justin Cole"  wrote in message
>news:RHxEk.64931$E41.13239@text.news.virginmedia.com...
>> Will someone please tell me I'm not going mad.
>>
>> I received my payslip today and my monthly tax has gone down by £140.  Upon
>> querying with Personnel they confirm this is because of the adjustments from
>> September for the '10% tax-band loss compensation' from the Chancellor.
>>
>> However, I'm a higher-rate tax payer and should receive £0 anyway as the
>> thresholds were also adjusted for the tax bands as well as the tax free
>> allowance.
>
>Yes. Your tax code should have gone up by 60 since last month. In addition the
>HRT band should have been adjusted so that HRT is due on annual income after
>allowances of 34800 instead of 36000.
>
>> Also, the rebate should of been £60 and then £10 per month, totalling £120.
>>
>> After 'arguing' they still insist they are right and everyone gets the
>> rebate!
>
>They are wrong. You are right.
>
>> Something is wrong?  It will all come out in the wash anyway when my tax
>> return is submitted as I will just owe the tax...
>
>Has anything else changed? Is your income the same every month?
>
>

Perhaps your Coding has changed at the same time, for a different 
reason, some other adjustment, BIK perhaps or a previous year's 
underpayment adjusted.

Unless the employer's software is wrong (unlikely) then in your 
situation there should be a 'nil' effect, so something else has changed.

DF

"Andy Pandy" <spam8times@wonderful.spam.invalid> wrote in message 
news:6khqgnF7upf6U1@mid.individual.net...
> They are wrong. You are right.

I thank you...

>> Something is wrong?  It will all come out in the wash anyway when my tax
>> return is submitted as I will just owe the tax...
>
> Has anything else changed? Is your income the same every month?

Nope.  My pay isn't always the same but it was the same as last month so it 
makes the comparison far easier and obvious...

It looks like now they are 're-confirming' their position after I 
persisted...  I predict an embarrassing company-wide mail will be sent in 
the next day or two admitting some people have been 'undertaxed' and expect 
their pay-packet next month to be without 'windfall'...!

Cheers,
Justin.

"David Floyd"  wrote in message
news:QdeMmZGaY74IFwpH@local.host...
> In message of Wed, 1 Oct 2008, Andy Pandy writes
>>
>>"Justin Cole"  wrote in message
>>news:RHxEk.64931$E41.13239@text.news.virginmedia.com...
>>> Will someone please tell me I'm not going mad.
>>>
>>> I received my payslip today and my monthly tax has gone down by £140.
>>> Upon
>>> querying with Personnel they confirm this is because of the adjustments
>>> from
>>> September for the '10% tax-band loss compensation' from the Chancellor.
>>>
>>> However, I'm a higher-rate tax payer and should receive £0 anyway as the
>>> thresholds were also adjusted for the tax bands as well as the tax free
>>> allowance.
>>
>>Yes. Your tax code should have gone up by 60 since last month. In addition
>>the
>>HRT band should have been adjusted so that HRT is due on annual income
>>after
>>allowances of 34800 instead of 36000.
>>
>>> Also, the rebate should of been £60 and then £10 per month, totalling
>>> £120.
>>>
>>> After 'arguing' they still insist they are right and everyone gets the
>>> rebate!
>>
>>They are wrong. You are right.
>>
>>> Something is wrong?  It will all come out in the wash anyway when my tax
>>> return is submitted as I will just owe the tax...
>>
>>Has anything else changed? Is your income the same every month?
>>
>>
>
> Perhaps your Coding has changed at the same time, for a different reason,
> some other adjustment, BIK perhaps or a previous year's underpayment
> adjusted.
>
> Unless the employer's software is wrong (unlikely)

As mentioned in the same thread in uk.business.payroll, I suspect the
payroll s/ware hasn't been updated - hence the embedded bands are wrong, but
the codes have been updated.

The OP now reports that his employer is backing off somewhat...!

-- 
Martin

"Martin"  wrote in message 
news:K8QEk.65328$E41.32528@text.news.virginmedia.com...
>> Perhaps your Coding has changed at the same time, for a different reason,
>> some other adjustment, BIK perhaps or a previous year's underpayment
>> adjusted.
>>
>> Unless the employer's software is wrong (unlikely)
>
> As mentioned in the same thread in uk.business.payroll, I suspect the
> payroll s/ware hasn't been updated - hence the embedded bands are wrong, 
> but
> the codes have been updated.
>
> The OP now reports that his employer is backing off somewhat...!

Yup, I suspect they've missed the band updates...

And I hope they like the taste of humble pie!  But never upset Personnel ;-)


Justin.