We understand that there is a problem with 2007/08 PAYE coding notices issued by Leicester and Northants, the district dealing with the PAYE taxation of Retirement Annuity Contracts.
According to the tax team at Old Mill Accountancy LLP, all coding notices received include the full Personal Allowance and no State Retirement Pension regardless of whether or not there is already a 'main' code number.
They say that they have spoken with a contact in HMRC and been advised that Leicester & Northants have not accessed any taxpayer records on their tax systems. They seem to have randomly issued code numbers without any reference to a taxpayers General Claims District (GCD). In the majority of cases, Leicester & Northants would only hold the 'sub record'.
These codes only relate to one specific Retir...