Reminder on Tax Code Notice Change

Taxpayers are reminded that copies of the notices informing them of their tax code for the year 2011-2012, sent out during January, February and March, will no longer go to their tax agent or advisor.

The new tax codes will be used by employers or pension providers from 6 April 2011 to make sure taxpayers pay the right tax and receive the tax allowances and reliefs to which they are entitled.

As part of its measures to reduce costs, HM Revenue & Customs is no longer issuing copies of the P2 PAYE Coding Notice to tax agents or advisors, so taxpayers need to share their code with their tax agent or advisor where appropriate.

Not everyone receives a Coding Notice but employers or pension providers will still be able to update tax codes on 6 April, as HMRC will inform them of these separately.

Where people have more than one source of PAYE income or pensions, HMRC will update these code numbers on the same day and they may receive a Coding Notice for each.

LINK: PAYE tax coding information from HMRC