A letter arrived on Tuesday from the Inland Revenue giving me my new PAYE tax code for being a RAD. Click here to view the letter.The letter briefly stated that ALL of my earnings as a RAD would be subject to 40% income tax. This would mean an additional payment of about £150 per month.
After thinking about it for a while I came to the conclusion that the code must be incorrect and so this afternoon I telephoned the Inland Revenue and sure enough they had made a mistake (Phew!) and my correct tax code was not D0 (Super tax) but BR (Basic Rate.)