Tax Codes Explained: What Does The T Mean On My Tax Code?
A tax code is a code issued to you by HMRC that tells your employer or pension provider the correct amount of tax to deduct from your income. The tax code is made up of numbers and letters, like 1250L, BR, or NT.
If your tax code is '1257L', that means you are entitled to the standard tax-free Personal Allowance of £12,570 for the 2024/25 tax year. The letters in the code refer to any tax reliefs or adjustments in your specific situation.
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https://www.taxd.co.uk/blog/wh....at-does-t-mean-on-my
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