ITV's Martin Lewis wants all taxpayers to check if they're owed over £1,000 immediately
manchestereveningnews.co.ukMoney Saving Expert Martin Lewis has warned Brits to check if they're owed thousands because of a tax error. The finance journalist says countless people could be owed money without even realising.
One reader contacted the MoneySavingExpert founder to explain how she claimed back £5,000 after being on the wrong tax code for four years.
Tax codes are used by your employer or pension provider to work out how much tax is taken from your pay or pension, reports the Mirror. READ MORE:New Highway Code rules have changed who gets priority at roundabouts It is made up of numbers and letters to represent how much you can earn before you start being taxed - and everyone on the PAYE system should have been given one by HMRC.
The most common code for the current tax year is 1257L for people who have one job or pension - although not everyone will be on this.
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