During the months of January, February or March HMRC will be sending out PAYE coding Notices informing people of what their new tax code is for the tax year 2012-13.
This code will be used by your employer or pension provider to make sure you pay the correct tax across.
If you have more than one job or a job and a pension you may receive a code for each.
If you use an agent (i.e. us) to act on your behalf, you will need to let them know as they will not receive a copy.
Please note though that not everyone will get one, so do not worry if you don’t – your employer or pension provider can still update your code.
Remember that if you are 65 between the 6th April 2012 and 5th April 2013 you will be entitled to age related allowances. HMRC will send you a review form prior to your 65th birthday to help work out your new code.
