Retrospective application of employee tax code
Question asked by Pete 7 years ago
My company has been paying a salary to myself as a director employee tax code 1100L. I have been drawing only £1000 p.m. (= salary £671.67 and dividend £323.83)
I quailified for state pension in August but at the time decided not to draw the pension. However I recently contacted DTP and applied to draw the pension. They suggested they can backdate it to August which they did.
I got a letter from HMRC with new tax code, 600L X.
The letter does state This tax code should match those shown on any future payslips you receive. I'm not sure if that means payslips from now, or from August, and if so do I need to go back and redo the payslips?
Thanks