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Taxman's blunders article and tax codes

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brifox37
Mon, 29/09/2008 - 08:47

I read with interest the above article in the Oct edition of Moneywise as I had never understood the meaning of the letter following the tax code.   On checking mine I see that I am a 'P' - aged 65-74 and get full personal allowance.   Fine. but as a married man why am I not rated as a 'V' and receiving the full personal allowance AND the married couple's allowance?  

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Guest (not verified)
Fri, 03/10/2008 - 12:19

Hi,

To get the allowance, one or both of you would have to have been born before 6th April 1935. Details are on the HMRC site:

http://www.hmrc.gov.uk/incometax/married-allow.htm

If you qualify, contact your tax office.

Cheers.

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