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Emergency tax on first paycheck?

  • 16-08-2006 9:32pm
    #1
    Zascar
    Moderators, Motoring & Transport Moderators, Music Moderators Posts: 12,781 Mod ✭✭✭✭


    I've just started a new job, and I was supposed to have handed in my P45 yesterday but I;ve missed the deadline. As I've missed the date, will I get Emergency tax on my first pay cheque? I was told by a friend that the first pay cheque gets taxed normally, and only after that does the high emergency tax rate kick in.

    The way my job works I get a large 'training bonus' in the first month, but don't want to get taxed on it at 42%/50%.

    Can anyone clarify this for me?
    Thanks
    progress.gif


Comments

  • #2
    feylya
    Moderators, Music Moderators Posts: 23,363 Mod ✭✭✭✭feylya


    I think your pay will be taxed but as soon as you're onto normal tax (ie next paycheque) you'll get the emergency tax back.


  • #3
    Wishbone Ash
    Registered Users, Registered Users 2 Posts: 25,038 ✭✭✭✭Wishbone Ash


    Use the search facility - emergency tax is a regular thread here


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