What does the 1257L tax code refer to?

[accountingbyte]

1257l tax code meaning, you can earn £12,570 without having to pay tax. Because you are eligible for the basic personal allowance, 1257 and L are used in your code. When the tax code needs no further changes, this is the one that is used in the UK. If you work for yourself, receive support payments or make other kinds of money, you may use a different code. Be sure to review your tax code to confirm you pay the correct amount of tax.

[kayshi999]

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