My tax code is 547T, Im age 58 and have been working for sainsburys for 3 and a half years?
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what does this tax code 547T mean for me, is it a normal tax code or is it a high tax code
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Answer:
Last time I checked the T suffix was used as a temporary tax code whilst they were awaiting information to give you the correct code. Contact your local tax office and they will be able to answer your query in full.
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Other answers
A "T" suffix instructs the employer to not index it at the trun of the year. 547T - so ou have other earnings - at a guess you have part retired and have a small pension being paid tax-free. Phone HMRC - check your address is up to date and ask for a copy of you code to be sent out. The notice includes notes as t ohow your code is made up.
Petrusclavus
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