What is Tax Code?

An HMRC code (e.g. 1257L) that tells your employer how much tax-free income you are entitled to.

Key Facts

Explanation

Your tax code is a series of numbers and letters used by your employer (or pension provider) to calculate how much income tax to deduct from your pay. The most common tax code for 2025/26 is 1257L, which represents a Personal Allowance of £12,570. The number in the code is your tax-free allowance divided by 10, and the letter indicates your situation. Common letters include: L (standard allowance), M (Marriage Allowance received), N (Marriage Allowance transferred), T (HMRC needs to review), BR (all income taxed at basic rate, no allowance), and D0 (all taxed at higher rate). Scottish taxpayers have an 'S' prefix (e.g. S1257L) and Welsh taxpayers have a 'C' prefix. If your code includes K, it means your deductions exceed your allowance and tax is owed on the difference. You can check your tax code on your payslip, P60, or via your HMRC Personal Tax Account online.

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