• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Non Coded Income for 20/21

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Non Coded Income for 20/21

    Hello,

    Was Ltd employee until 31st March 2020. Changed to Umbrella on 1st April. Gave them P45 etc. All seems fine.

    HMRC have e-mailed saying Tax Code has changed - logged into GOV Gateway - it hasn't and looks correct(the standard one). Within PAYE section it has "Non Coded Income" as circa 30K.

    I've never heard of this before, should I ask HMRC to remove it? It is assuming I would have 30k of dividends in 20/21 as that was roughly what I had in previous tax years? Does it matter? For Self Assssment I know it often assumes next years tax bill, is that all it is?

    I don't expect to have any dividends in 20/21. I will have SA to do as i have a very small income from rental.

    Thanks

    #2
    Read this for info: https://www.contractoruk.com/forums/...-tax-code.html
    "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
    - Voltaire/Benjamin Franklin/Anne Frank...

    Comment


      #3
      Originally posted by cojak View Post
      Thanks, my taxcode is correct on my payslip and on HMRC website. I'll double check with the Umbrella company anyway. I can't find much information about this online, have found a similar put on MSE forum, it didn't seem an issue, however it was only recent:

      Non Coded Income and Self Assessment — MoneySavingExpert Forum

      Comment

      Working...
      X