If your tax code starts with 1257, you will be given a tax-free allowance of £12,570, above which you will start paying tax. For most employees, this will be correct, as it is the basic personal ...

You can find out your tax code by checking for the current year online . Sign in. News ... W1, M1, or X can be added after the typical 1257L code to indicate an emergency tax code.

Your tax code will also contain letters and relate to a variety of circumstances. If your tax code has ‘W1’ or ‘M1’ or ‘X’ at the end these are "emergency tax codes".

If your tax code ends with 'W1', 'M1', or 'X', you are on an emergency tax code. For instance, 1257L W1 is used for weekly payments, 1257L M1 for monthly payments, and 1257L X for variable payment ...

W1 (week 1) and M1 (month 1) are emergency tax codes and appear at the end of an employee’s tax code, for example ‘577L W1’, ‘577L M1’ or '577L X'. If your tax code has a ‘K’ at the ...

T - This is used when HMRC needs to review some items with the employee.. If your tax code ends with 'W1', 'M1' or 'X' W1 (week 1) and M1 (month 1) are emergency tax codes that appear at the end ...

Your tax code can be found on your payslip and is usually near your National Insurance number. ... If your code has W1 or M1 or X at the end of it, then you are classed in the emergency tax band.

Typically, the majority will have the 1257L tax code as it signifies having one job, no untaxed income, taxable benefits or unpaid tax. Nevertheless, this code can be appended by W1, M1 or X ...

1257L becomes an emergency tax code only if followed by 'W1', 'M1' or 'X'. Jamie Clark, a retirement specialist at Quilter, commented: "The latest pension flexibility statistics reveal HMRC's ...

NT — This code shows you are not paying any tax on this income. W1, M1, or X can be added after the typical 1257L code to indicate an emergency tax code. ... How do I find out my tax code?