Emergency Tax?

etymon

Hi all
Am starting work soon as a PAYE employee for the first time in seven years after previously being self-employed and then four years of college.
All I can remember from being a PAYE worker over ten years ago was the annoyance of the first few paychecks being paltry due to 'emergency tax'. Have to admit I never understood how this worked or what it was all about.
However at this stage I really need to factor in a full wage pack for budgeting etc and was wondering if anyone could tell me, does this concept still exist and if so, is there anything I should do in advance of starting work to make sure I'm not emergency taxed?
Any advice would be really welcome. Thanks.

SCOOP 64

Get the company reg number , then phone up revenue yourself give them this number with your start date, i was told to do this to try and avoid emergency tax.

CIARAN_BOYLE

etymon wrote: »

Hi all
Am starting work soon as a PAYE employee for the first time in seven years after previously being self-employed and then four years of college.
All I can remember from being a PAYE worker over ten years ago was the annoyance of the first few paychecks being paltry due to 'emergency tax'. Have to admit I never understood how this worked or what it was all about.
However at this stage I really need to factor in a full wage pack for budgeting etc and was wondering if anyone could tell me, does this concept still exist and if so, is there anything I should do in advance of starting work to make sure I'm not emergency taxed?
Any advice would be really welcome. Thanks.

The idea of emergency tax is that your employer doesn't yet know what tax credits and bands you have available so are forced to treat you as if you have no tax credits and band. This results in 52% taxation.

As Scoop 64 says get the company registration number and contact revenue to make sure they can give your employer your tax credit cert.

thesimpsons

and once you have rung Revenue and given them the details, get on to your payroll person and check they have received your information from ROS and that they have implemented it. Tie up the loose ends yourself - don't just rely on employer to do it and you should be fine.

allthedoyles

A payslip normally has 3 codes as follows :

• E - Emergency
• W - Week 1
• N - Normal

Keep an eye on your payslip and ensure the code (N) for normal is applied .

etymon

Cool guys! thanks a mill!