Reminder on Tax Code Notice Change
Clients are reminded that copies of the notices informing you of your tax code for the year 2011-2012, sent out during January, February and March, are no longer being sent to tax agents, therefore we will not have received a copy from HM Revenue & Customs.
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 you need to send us a copy of your coding notices whenever you receive them.
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.
If you have more than one source of PAYE income or pensions, HMRC will update these code numbers on the same day and you may receive a coding notice for each.