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  • FIRST POST
    scottn
    income tax and having two jobs.
    • #1
    • 21st Sep 07, 1:14 PM
    income tax and having two jobs. 21st Sep 07 at 1:14 PM
    I have worked in a part time permanent position for the last few years (while I've been a student) and my tax code is 522L. Happy that my tax and NI deductions have been correct.

    In Sept 2007 I started a new full time job, earning better money and my tax code has been put as BR/1.

    My new employer has not asked for a P45 or for me to complete any other tax forms - indeed I won't have a P45 'cos I'm not giving up the other job.

    So I'm currently working two jobs and having tax/NI deductions in both.
    Is this acceptable? I am assuming that at the end of the tax year I will be able to sort of any under/overpayments of tax by completing a tax return? I have no experience of tax returns etc and just wanted to check that sounds okay before I get into any trouble lol. Should I do anything now?

    I would welcome any thoughts. Thanks
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