If you submit a tax return or receive taxable benefits in kind you should receive a PAYE code each year. In our experience, these are often out of date even before they are printed! This is usually because HMRC assume your remuneration package will be the same as the previous year and any changes notified to them do not get actioned for weeks, if not months, later.
If you receive an incorrect PAYE code, you should phone the tax man (if you write it will take another few months for the letter to be actioned) and explain the error. Make sure you have your NI number handy when you call.
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