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Tax Help!!
babyinwaiting
Posts: 7 Forumite
in Cutting tax
Hey, i want to know if i should be paying tax or not?
Currently im paying £13 tax a week but i get my wages every 2 weeks so it takes off 26 - 30 depending if i do overtime.
I work 16 hours;
I earn on the 1st job - £62 a week
I work with for my dad on self employed an hour a day getting £25 a week
I get working tax credits(£66) and child tax credits(£59) and also child benifit (£20)
My daughter is 7 months (if that helps at all??)
thanks
Currently im paying £13 tax a week but i get my wages every 2 weeks so it takes off 26 - 30 depending if i do overtime.
I work 16 hours;
I earn on the 1st job - £62 a week
I work with for my dad on self employed an hour a day getting £25 a week
I get working tax credits(£66) and child tax credits(£59) and also child benifit (£20)
My daughter is 7 months (if that helps at all??)
thanks
0
Comments
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£62 / 16 = £3.87 Is that all you get paid?0
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babyinwaiting wrote: »Yeah and is that how much tax im supposed to pay?
Thanks,
You need to earn approximately £125 per week to pay tax so you should not be paying tax.0 -
Should i ring up tax people and ask them?0
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What is your tax code?0
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Have a look at the tax code on your pay slip - it should be 65 or 650. Ask your work's payroll or similar first and then ring your local tax office if they don't know.0
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babyinwaiting wrote: »Hey, i want to know if i should be paying tax or not?
Currently im paying £13 tax a week but i get my wages every 2 weeks so it takes off 26 - 30 depending if i do overtime.
I work 16 hours;
I earn on the 1st job - £62 a week
I work with for my dad on self employed an hour a day getting £25 a week
I get working tax credits(£66) and child tax credits(£59) and also child benifit (£20)
My daughter is 7 months (if that helps at all??)
thanks
So you work 16 hours for £62 a week? That's well below the minimum wage unless you are under 18? What is your tax code on your pay slip? It sounds like it is BR because it is a second job, while you are on an L code with your dad.
Is this a fair summary of your income for the year?
3224 - 1st job.
1300 - the job with your dad.
7540 - benefits
Total = £12064 (Don't think these benefits are taxable)
If that's the case, then I calculate tax to be around £0 per week on because you come in under the personal allowance. Hence you'll be looking at a refund.Northern Ireland club member No 382 :j0 -
Have a look at the tax code on your pay slip - it should be 65 or 650. Ask your work's payroll or similar first and then ring your local tax office if they don't know.
It's more than likely to be BR and 647L for the jobs respectively.
EDIT: Amended. Sorry don't know why I put 5 instead of 7!Northern Ireland club member No 382 :j0 -
Money_Grabber13579 wrote: »It's more than likely to be 645BR and 645L for the jobs respectively.
There's no such code as 645BR - it would simply be BR. The normal code would be 647L.
As to the work for dad - it says self employed so there would be no tax code applied here.
OP - did you complete a P46 when you started work?0 -
There's no such code as 645BR - it would simply be BR. The normal code would be 647L.
As to the work for dad - it says self employed so there would be no tax code applied here.
OP - did you complete a P46 when you started work?
Amended post! My mistake. As for the self-employed work - I assumed that it was their dad who was self employed, so it would still be possible for them to have a tax code?Northern Ireland club member No 382 :j0
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