Tax Code BR Meaning: 2026 Guide to Basic Rate PAYE, Claiming HMRC Refunds
In the UK PAYE (Pay As You Earn) system, the tax code BR meaning signifies that all income from a specific job or pension is taxed at the Basic Rate of 20% from the very first pound earned, without applying any tax-free Personal Allowance. What is the Tax Code BR Meaning? Tax Code BR stands…