This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

Working notice period, final salary payment is April

junglemountains
Posts: 1
Joined: Wed Apr 04, 2018 10:38 am

Working notice period, final salary payment is April

Postby junglemountains » Wed Apr 04, 2018 10:47 am

Hi all, I am working a 3 month notice period, I finish at the end of the month and my final salary payment for the current company is also at the end of the month.

Given that April (month 1) is my first and final salary payment of the year for the current company will it be taxed? I was wondering because the monthly salary amount will fall within my personal allowance amount.

Thanks

pawncob
Posts: 4278
Joined: Wed Aug 06, 2008 4:06 pm
Location: West Sussex

Re: Working notice period, final salary payment is April

Postby pawncob » Wed Apr 04, 2018 11:51 am

the PAYE system assumes you'll be employed for the full year, so it will be taxed.
If you won't be employed again claim a refund.
With a pinch of salt take what I say, but don't exceed your RDA


Return to “PAYE and Payroll Taxes, National Insurance, NICs”