TaxHelper

0L tax code

Zero personal allowance — income above £125,140 removes the allowance entirely under the taper.

Approx. personal allowance equivalent: £0 per year

What this code means in practice

This code corresponds to roughly £0 of tax-free pay per year.

The Personal Allowance tapers away by £1 for every £2 earned over £100,000. At £125,140 income it reaches zero. Effectively creates a 60% marginal rate between £100,000 and £125,140.

Check your take-home pay

Enter code 0L in our tax code checker or model a full salary with our salary calculator. Compare the result with your payslip to spot overpayment early.

Related reading

Frequently asked questions

What does tax code 0L mean?

Zero personal allowance — income above £125,140 removes the allowance entirely under the taper.

Is 0L an emergency tax code?

0L is not flagged as an emergency code in our database, but you should still verify it matches your circumstances in HMRC's Personal Tax Account.

How do I change my tax code?

Update your employment details in your Personal Tax Account at gov.uk, give your employer a P45 when changing jobs, or call HMRC on 0300 200 3300. Your employer applies the new code once HMRC issues it.

TaxHelper provides general information based on published HMRC rates and guidance. It is not regulated financial or tax advice. For decisions involving significant sums, complex circumstances, or if you are unsure, speak to a qualified accountant or HMRC directly.