Every year, millions of pounds are lost due to tax code errors.
With the most common tax code now being 1257L, it is important for individuals to understand the implications of their codes and how to avoid costly mistakes.
"It's absolutely essential that everyone checks their tax code," says financial expert & CEO of Moneyzine Jonathan Merry. "If your code is incorrect, you could be overpaying or underpaying taxes without even realising it."
