What does “tax code” mean?
A code like 1257L. Your employer or pension uses it to work out how much tax to take from your pay.
What to do
A wrong tax code means you pay too much or too little. Check it in your HMRC online account.
You may see it in letters from
- HM Revenue and Customs (HMRC) — Tax office
“tax code” is a English word used in official letters in the United Kingdom. Briefly explains words like this automatically when you check a letter.
More office words
PAYE · Time to Pay arrangement · National Insurance number · Universal Credit · PIP · mandatory reconsideration · sanction · overpayment · all words