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2026/27 tax codes

Tax code K475 explained

  • K475 means £4,750 is added to your taxable pay. This happens when benefits or untaxed income are larger than your allowance.
  • Tax taken under a K code can never be more than half of your pay in any period.

How much tax K475 takes

SalaryTax a year on K475Tax a year on 1257LDifference a month
£20,000£4,952£1,484+£288.97
£30,000£6,952£3,484+£288.97
£45,000£12,364£6,484+£489.95
£60,000£18,364£11,428+£577.93
£90,000£30,364£23,428+£577.93

Income tax through PAYE only, with no pension or benefits. Try your own salary with K475.

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Common questions

What does tax code K475 mean?

K475 means £4,750 is added to your taxable pay. This happens when benefits or untaxed income are larger than your allowance. Tax taken under a K code can never be more than half of your pay in any period.

How much tax does K475 take on £30,000?

On a £30,000 salary, code K475 takes £6,952 of income tax a year through PAYE in 2026/27, compared with £3,484 on 1257L.

Is K475 the right tax code for me?

Check your code in the HMRC app or your Personal Tax Account. If it does not match your situation, tell HMRC: overpaid tax is refunded and underpaid tax is usually collected through next year's code.

Official sources

Every rate and threshold on this page is checked against these official pages. How we calculate

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