CalRobbo341 Posted October 27, 2012 Report Share Posted October 27, 2012 2 Part topic so please read both? Some of you may know that I recently started an apprenticeship, and Friday was payday, all good. The day I started, 24th September was like before payday so I didn't get paid at all and told I would be paid next month, (now). In my account went in £801, where as I was meant to get £1066, because of the few days I did when I started, make sense, I hope so? But then because of tax and national insurance it went down by £265, hence the £801. I am sure i'm not meant to be taxed until I am 18? Or until I have been payed a total of £5000 or something along them lines? My family is telling me it is emergency tax, which most likely is, so what can I do about this? The money went in on Friday, after work and my payslip then was at my house when I got home, so can't speak to work about it until Monday. I know when I finish my apprenticeship I will get the emergency tax back, but to be honest for the 4 months until I am 18 I would rather have the emergency tax in my bank gaining intrest or being spent. Someone give me a hand, is there someone I can email/call? And part 2! Seeing as I have money going in my accout I may aswell try and get my driving lessons done, there is a Peugeot 106 on my drive, owned by my sister, who can't drive and hasn't done a lesson for over 2 years. I could buy that off her now, or at least ask, and then I know I have something to drive, when I have finished lessons and can afford this ridiculous thing called insurance. Would it be better to save up most of my wonga and do lots of lessons for say 15 weeks, average time to pass? Or go on one of these crash courses? I don't know that much about them so don't know if it would make it cheaper, quicker or maybe even easier? idk. Who I would do driving with if you want any info - http://chriskellydrivingschoolnw.co.uk/ Thanks Quote Link to comment Share on other sites More sharing options...
jack1987 Posted October 27, 2012 Report Share Posted October 27, 2012 If your on emergency tax there will be an L in your tax code. I paid tax tax throughout my apprenticeship from being 16 though. The tax relief is spread out through the year so you don't earn 5000 then start paying tax I think they you just pay a smaller percentage hope this makes sense. Quote Link to comment Share on other sites More sharing options...
trials hoe Posted October 27, 2012 Report Share Posted October 27, 2012 if your due any tax back you'll get it at the end of the tax year (april) or you will have to apply for it back then, tax is a bitch and you may have to chase them to the end of the earth to get it. or complain to your boss about it enough and he may be able to do something about it. do an intensive course, it'll cost more but its done sooner rather than later. otherwise it ends up dragged out for ages, and don't forget your theory too. Quote Link to comment Share on other sites More sharing options...
CalRobbo341 Posted October 27, 2012 Author Report Share Posted October 27, 2012 Aint no 'L' in my tax code, and it kind of does, I didn't know tax was so much, pretty silly to be honest.. Step dad had something to talk about it, did research and made a call, turns out I need a P45/46 form from the finanace person, and need to do it before next payday! Thanks for the help I guess, and going to speak to my sister about le 106!!! Quote Link to comment Share on other sites More sharing options...
Simpson Posted October 27, 2012 Report Share Posted October 27, 2012 Copy and paste the tax code on your pay slip into google. 1 Quote Link to comment Share on other sites More sharing options...
tomturd Posted October 27, 2012 Report Share Posted October 27, 2012 I did a crash driving course thing, 10 x 1 hour lessons over a week, then the test on the weekend. Passed and totalled my (parents) car 8 days later Apart from that thought, I'd say its worth it. Loads less hassle and you can just get it over and done with. As long as you dont drive like a fanny afterwards. 1 Quote Link to comment Share on other sites More sharing options...
LukasMcNeal Posted October 27, 2012 Report Share Posted October 27, 2012 Did you have a job before/second job could be one reason you got charged emergency tax. Or done any over time? On my apprenticeship I was charged 20% on my overtime. Quote Link to comment Share on other sites More sharing options...
CalRobbo341 Posted October 27, 2012 Author Report Share Posted October 27, 2012 Copy and paste the tax code on your pay slip into google. Aye! I did a crash driving course thing, 10 x 1 hour lessons over a week, then the test on the weekend. Passed and totalled my (parents) car 8 days later Apart from that thought, I'd say its worth it. Loads less hassle and you can just get it over and done with. As long as you dont drive like a fanny afterwards. What you did the lessons in your parents car, or once you had passed you crashed? Going to do some adding up ect. Did you have a job before/second job could be one reason you got charged emergency tax. Or done any over time? On my apprenticeship I was charged 20% on my overtime. Nope, as before, just need a form from work and get that before next payday and everything should be sorted! Also it's a no go on the 106, she says she wants to keep it?! Best get on auto trader! Quote Link to comment Share on other sites More sharing options...
tomturd Posted October 27, 2012 Report Share Posted October 27, 2012 What you did the lessons in your parents car, or once you had passed you crashed? I learned in my parents ancient fiesta (just driving around with my dad on a provisional licence - did quite a lot of hours in it), then had 10 lessons and passed. Then my parents got a 106 for me to drive, which I crashed. Still feel guilty about crashing it, and for the poor folks I crashed into. ARRGHG. so stupid Quote Link to comment Share on other sites More sharing options...
CalRobbo341 Posted October 27, 2012 Author Report Share Posted October 27, 2012 I learned in my parents ancient fiesta (just driving around with my dad on a provisional licence - did quite a lot of hours in it), then had 10 lessons and passed. Then my parents got a 106 for me to drive, which I crashed. Still feel guilty about crashing it, and for the poor folks I crashed into. ARRGHG. so stupid Ahh, I thought they would provide a car, hence the cluelessness, seems like the more 'correct' thing to do, go in an emtpy car park and just practice until I feel ready?! Quote Link to comment Share on other sites More sharing options...
tomturd Posted October 27, 2012 Report Share Posted October 27, 2012 Oh right, no, sorry. I practiced in my parents fiesta for a few weeks, then I did 'proper' lessons in the instructors car. Then took the test in the instructors car You're best off getting a provisional licence and driving around as much as possible with someone who has a full licence (start in car parks, then go out on to roads), then taking 'real' lessons (IMO ) Quote Link to comment Share on other sites More sharing options...
trials hoe Posted October 27, 2012 Report Share Posted October 27, 2012 (edited) You're best off getting a provisional licence and driving around as much as possible with someone who has a full licence (start in car parks, then go out on to roads), then taking 'real' lessons (IMO ) word. get cluch control dialed and get used to driving a car, or an instructor may see you as a cash cow and take the piss. as for a car, i payed 75 quid for my first......... Edited October 27, 2012 by trials hoe Quote Link to comment Share on other sites More sharing options...
Jake. Posted October 27, 2012 Report Share Posted October 27, 2012 Oh right, no, sorry. I practiced in my parents fiesta for a few weeks, then I did 'proper' lessons in the instructors car. Then took the test in the instructors car You're best off getting a provisional licence and driving around as much as possible with someone who has a full licence (start in car parks, then go out on to roads), then taking 'real' lessons (IMO ) My family is good friends with my instructor, they didn't want me to drive my mums car until the instructor said it was okay. I did about 7 lessons in the instructors car then used my mums, I've had about 13 lessons now. Although I don't NEED any more lessons, I want to fine tune my driving skills to make sure it's all tip top. I just drive my mums car with her everywhere, it's just learning smoothness now really, and 'road sense'. But yeah do what you like, at the end of the day it won't be cheap. And all the options are usually around the same price anyway. I'd recommend learning over time rather than the thing that you take like 20 lessons in a week then your test, because then you'll be more experienced and not so rushed. Quote Link to comment Share on other sites More sharing options...
Tomm Posted October 27, 2012 Report Share Posted October 27, 2012 Your tax free allowance is just over £8000. If you earn less than this in a single year, you shouldn't pay any tax. If you earn more than this, you'll pay tax on it, this will be spread out over 12 months. You don't earn £8000 and THEN start paying tax, it's worked out on a pro-rata basis. You will pay national insurance, I think it's unavaoidable. If you start a job and the tax code hasn't been properly set up, you'll pay 'emergency' tax at a flat rate of 20%. This is because you may, for example, have another job meaning in total you'll earn over the tax threshold of £8000, but HMRC don't know the exact situation. However, if you don't have any other earnings/income then this tax is wrong and you will be able to claim it back. Once a tax code becomes established, HMRC will usually just decrease the amount of tax you pay over the coming months until they owe you nothing. The best thing to do is to speak to payroll at your workplace. They'll be able to tell you where they're up to in getting your tax code sorted properly. If you're due a refund, speak to HMRC, I've found they were pretty helpful in the past. The emergency tax code for this year is 810L. You should probably be on 747L (assuming you only have this one job). Quote Link to comment Share on other sites More sharing options...
LukasMcNeal Posted October 27, 2012 Report Share Posted October 27, 2012 This may sound retarded but if you just go out in your parents car do you need insurance? I think i'm right in thinking you do, or you have to be a named driver which will massively bump their insurance up? Quote Link to comment Share on other sites More sharing options...
CalRobbo341 Posted October 27, 2012 Author Report Share Posted October 27, 2012 Yes, was out in the car, just going to the shops talking about it, they said it would go up by for me, 17, £1000. Pain in the ass! Good news is that a mate is selling his saxo, £500ish, 84, 000 miles, see him on wednesday so will discuss with him! Quote Link to comment Share on other sites More sharing options...
LukasMcNeal Posted October 27, 2012 Report Share Posted October 27, 2012 Currently learning to drive myself at the moment im 17 too, but stopped having lessons for a while cause my instructor was messing me around with courtesy cars and stuff. Someone crashed into me on one of my lessons, they thought they'd use me as a brake at a round about Sorting a new instructor out now as its half term! Quote Link to comment Share on other sites More sharing options...
trials owns Posted October 27, 2012 Report Share Posted October 27, 2012 Good news is that a mate is selling his saxo, £500ish, 84, 000 miles, see him on wednesday so will discuss with him! Id advise to check insurance prices on one of these if u haven't, Very pricey to insure due to all the chavs that own them Quote Link to comment Share on other sites More sharing options...
CalRobbo341 Posted October 27, 2012 Author Report Share Posted October 27, 2012 Currently learning to drive myself at the moment im 17 too, but stopped having lessons for a while cause my instructor was messing me around with courtesy cars and stuff. Someone crashed into me on one of my lessons, they thought they'd use me as a brake at a round about Sorting a new instructor out now as its half term! Stupid people! Good luck dude Id advise to check insurance prices on one of these if u haven't, Very pricey to insure due to all the chavs that own them It's bound to be pricey whatever I go for in the end. Didn't think to start looking about insurance. Shall do now! Quote Link to comment Share on other sites More sharing options...
Tomm Posted October 27, 2012 Report Share Posted October 27, 2012 On a first car, the cost of insurance for a year alone is likely to cost more than the value of the car. If you keep the car for 4 years, the cost of insuring it could easily be £6-8k. Getting a bargain car for £500 rather than £700 is insignificant if it's more expensive to insure. Quote Link to comment Share on other sites More sharing options...
trials owns Posted October 27, 2012 Report Share Posted October 27, 2012 Aye, My mate bought a Saxo VTR 1.6, Without checking the insurance and he was 18, He ended up forking out 3k on his parents insurance haha Quote Link to comment Share on other sites More sharing options...
CalRobbo341 Posted October 27, 2012 Author Report Share Posted October 27, 2012 On a first car, the cost of insurance for a year alone is likely to cost more than the value of the car. If you keep the car for 4 years, the cost of insuring it could easily be £6-8k. Getting a bargain car for £500 rather than £700 is insignificant if it's more expensive to insure. Are you saying it will be cheaper to insure a more expensive car? I mean it kind of makes sense, I can't really gather where you are coming from. Aye, My mate bought a Saxo VTR 1.6, Without checking the insurance and he was 18, He ended up forking out 3k on his parents insurance haha Bloody crazy! Quote Link to comment Share on other sites More sharing options...
trials owns Posted October 27, 2012 Report Share Posted October 27, 2012 He means insurance company's will bump up the price massively if they think you will be irresponsible being a new driver, Example would be fast cars, Car common with chavs, Expensive cars etc, So if you buy a cheap car but then the insurance is expensive, you could be better of forking a few more quid out on a car that can be insured for less. Quote Link to comment Share on other sites More sharing options...
Tomm Posted October 27, 2012 Report Share Posted October 27, 2012 Are you saying it will be cheaper to insure a more expensive car? I mean it kind of makes sense, I can't really gather where you are coming from. It's possible. What I'm saying is that you should only look at cars when you've checked insurance quotes first. Insurance companies have lots of ways to 'risk stratify' drivers based on their age/where they live/job etc. Each car model has a risk profile associated with it, and it's not necessarily based on power output, it's not based on how much the car costs second hand. Some cars are weirdly cheap to insure, even though they're technically a higher insurance group. It's just a hunch but some of the small hatchback city cars most people drive as a first car can be pretty nippy and fun to drive = more accidents. Get something massive and underpowered and I bet it'll be cheaper. I'm sure someone on here said the cheapest quote they could find was in a Ford Mondeo. Having said all that, it's a few years since I was 17 and I never paid more than £600 for my insurance. With the average price now being around £2k, I may be somewhat out of touch. Which is fine by me, since my insurance is way cheaper than yours Quote Link to comment Share on other sites More sharing options...
shercofray Posted October 28, 2012 Report Share Posted October 28, 2012 Some of you may know that I recently started an apprenticeship, and Friday was payday, all good. The day I started, 24th September was like before payday so I didn't get paid at all and told I would be paid next month, (now). In my account went in £801, where as I was meant to get £1066, because of the few days I did when I started, make sense, I hope so? But then because of tax and national insurance it went down by £265, hence the £801. I am sure i'm not meant to be taxed until I am 18? Or until I have been payed a total of £5000 or something along them lines? My family is telling me it is emergency tax, which most likely is, so what can I do about this? The money went in on Friday, after work and my payslip then was at my house when I got home, so can't speak to work about it until Monday. I know when I finish my apprenticeship I will get the emergency tax back, but to be honest for the 4 months until I am 18 I would rather have the emergency tax in my bank gaining intrest or being spent. What is your tax code on your payslip? The standard one for the 12/13 tax year (what we are in currently) is 810L. However using the figures above I've worked out you are on a tax code of BR - basic rate (see below), basically means they don't know which to use so this is fairly standard in the circumstances. Go an speak to payroll and they should sort it. Or ring HMRC on 0845 300 0627. 1066x20%=213.20 (Using a BR tax code) (1066-5315)/12=623 (NI in a whole year) 623/12= 51.92 (NI in a month) 213.20+51.92=265.12. And this is your deductions. Aint no 'L' in my tax code, and it kind of does, I didn't know tax was so much, pretty silly to be honest.. Step dad had something to talk about it, did research and made a call, turns out I need a P45/46 form from the finanace person, and need to do it before next payday! NO don't ask for a P45 from your current employer! That's what you get when you leave. You said you haven't had a previous job so you won't have one. Normally when you leave a job and start another you give them your P45 from your previous employer so they know how much tax you have already paid. Let me know if you want anything else explaining Quote Link to comment Share on other sites More sharing options...
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