UK Tax Codes
Explore the UK tax codes and their meanings, from standard personal allowances to specific scenarios like Marriage Allowance. Understand codes like L, M, N, and more, ensuring you're informed about your tax obligations and benefits. Stay updated and make informed financial decisions.
- L: Used for people with standard tax-free personal allowance.
- M: Marriage Allowance: You’ve received a transfer of 10% of your partner’s Personal Allowance.
- N: Marriage Allowance: You’ve transferred 10% of your Personal Allowance to your partner.
- T: Your tax code includes other calculations to work out your Personal Allowance.
- 0T: Your Personal Allowance has been used up, or you’ve started a new job, and your employer doesn’t have the details they need to give you a tax code.
- BR: All your income from this job or pension is taxed at the basic rate (20%).
- D0: All your income from this job or pension is taxed at the higher rate (40%).
- D1: All your income from this job or pension is taxed at the additional rate (45%).
- NT: No tax is taken from your income or pension.
- K: You have income that isn’t being taxed another way, and it’s worth more than your tax-free allowance.
For more information on UK Tax Codes please refer to the government website here
*As of October 11 2023.