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Archive for the ‘Tax and Benefits’ Category

Have you got the correct Tax Code?

Friday, August 17th, 2007

If you have the incorrect tax code, you could be paying too much tax.

Your tax code is issued by HM Revenue & Customs (HMRC) based on information it has about your taxable income and allowances: it tells your employer or pension provider how much Income Tax to deduct from your wages or pension.

One company offering a advisory service (www.taxrebateservices.co.uk) claim an average rebate of £900 for every case they accept.

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