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I have had the wrong tax code for years. I have learned to live with it. HMRC occasionally change it from one form of wrong to another, but it remains wrong. In the end, it all gets resolved in the return. The key thing is to know what the code will do to your return and plan accordingly: for a windfall or a swingeing demand.
Challenge it, personally by letter to HMRC. Note that they have a limited time to respond. I’ve seen tax codes that make no sense to me in the past. (I have one at the moment). However be prepared that nothing changes; HMRC have failed to respond on a number of times in my case.