Tax Rebate FAQ's - What does the tax code OT mean?

Claim your tax rebate todayQ. What does the tax code OT mean?

A. The tax code OT means that you have no tax free personal allowance. Not having any tax free personal allowance can result in you paying too much income tax because you don’t have a correct tax code.

Why do I have the tax code OT?

The main causes of being given the OT tax code are:

  • You’ve started a new job and you can’t give your new employer your last P45 and didn’t complete a P46
  • Your tax free personal allowance has been used up
  • You have started a new employer and couldn’t give them all the information they need to give you a tax code

How much income tax do I pay with an OT tax code?

The amount of income tax you will pay with the OT tax code is the same as if you had the emergency tax code of BR. The percentage you will pay depends on how much you earn.

  • Normally you will pay 20% income tax on all of your taxable earnings
  • If you are a higher rate tax payer this will increase to 40%, and higher in some cases

Tax Rebate FAQ'sAm I due an OT tax code tax rebate?

If you have had an OT tax code its possible you will overpay income tax and be due a tax rebate. A tax rebate can be claimed back for the last four tax years, so if you have had an OT tax code incorrectly in the past, you could be owed a backdated tax rebate.

What else can I claim a tax rebate for?

Having an incorrect tax code is just one of the many reasons why you could be due a tax rebate. Some common reasons why you could be owed a tax rebate are:

Mileage - if you use your own car to travel to different places of work

Uniform – cleaning your own uniform of protective clothing

Tools - buying tools and equipment to carry out your duties

Professional fees / union – paying into a professional or Union because of your job

Working from home – if your employer needs you to work from your own home


What Tax Rebate Services will give you:

Professional support using qualified accountants

Regulation - we are members of the AAT

Outstanding value with our no rebate no fee guarantee

Guarantee - you get the tax rebate that you are due

Excellent customer service - we answer when you call 

Claim your tax rebate today



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