Am I paying the correct amount of tax?

[King Mustard]

I am 30 and work for a company through an employment agency.

I get paid weekly.

Since April 2016, I have, out of my wages, paid:

• 8.6% PAYE
• 7.0% NI
• 1.0% student loan
• 0.1% pension

My tax code from April-September 2016 was 1061L and from September to now (January 2017) is 1100L.

Do things sound about right?

Just worried that, sometime after April 2017, I'll get a tax underpayment bill or something

[King Mustard]

I am unable to edit my post, so I'll add some extra information to this reply.

I was a university student from 2005-2008.

At work, I am paid an average of £370 per week (before any deductions).

[AmanSood]

sounds about right as you are getting the full tax free personal allowance and assuming this is your only job. In September, you would have noticed your net pay increase slightly as a result of your personal allowance changing but based on the facts don't see why you would have underpaid tax.

[King Mustard]

sounds about right as you are getting the full tax free personal allowance and assuming this is your only job. In September, you would have noticed your net pay increase slightly as a result of your personal allowance changing but based on the facts don't see why you would have underpaid tax.

Excellent

I was mainly querying it because according to gov.uk's website article entitled, "Income Tax rates and Personal Allowances", £11,001 to £43,000 (Band 'Basic rate') is 20% and since I earn between those sums, that I maybe should have been paying 20% instead of around 15.6%.

[AmanSood]

Think the % you are quoting are the effective tax rates after factoring in the personal allowance so you should be ok.