Tax Code Guide

BR

Tax Code BR (Basic Rate)

What does this code mean?

BR stands for Basic Rate. This code is often used for a second job or pension. It assumes your tax-free allowance has already been used up by your main job. All income on this code is taxed at 20% from the first pound. If BR is used on your only job, you are almost certainly overpaying tax.

Who gets this code?

People with a second job, second pension, or sometimes when you start a new job and HMRC does not have your details yet.

Is it correct?

Check your latest P45 or Payslip to see if this matches your current situation.

Think you overpaid on BR?

If your tax code was wrong for even a few months, HMRC might owe you money. Upload your P60 or Payslip to check instantly.

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