Just received this coding notice.
Your new tax code for the year 6 April 2011 to 5 April 2012 is 321T, which replaces 747L.
Personal Allowance - £3214 (note 1)
1. .....We estimate your total income for the year will exceed £100000.00.
Wtf?
How do they get this?
I've done two Self Assessments since I came back to the light as a contractor. Most recent one submitted the other day. Both are pretty much spot on the 40% threshold.
My company has never even exceeded 100k in revenue as for various reasons (different company used, minor flirtation with one of those schemes) I've never used it for a full tax year yet - this year will be the first time it does.
Is this just a mistake or are HMRC lining me up for something worse in a few weeks?
Your new tax code for the year 6 April 2011 to 5 April 2012 is 321T, which replaces 747L.
Personal Allowance - £3214 (note 1)
1. .....We estimate your total income for the year will exceed £100000.00.
Wtf?
How do they get this?
I've done two Self Assessments since I came back to the light as a contractor. Most recent one submitted the other day. Both are pretty much spot on the 40% threshold.
My company has never even exceeded 100k in revenue as for various reasons (different company used, minor flirtation with one of those schemes) I've never used it for a full tax year yet - this year will be the first time it does.
Is this just a mistake or are HMRC lining me up for something worse in a few weeks?
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