tax on 3rd job

hi guys

i work full time and am on 20k per year. I also help out in my friends pub on a saturday night which gains me around £20 a week after tax. I have also recently started working in a local hotel.

I have a few debts which i am working hard to put behind me, i have also raised the monthly payments on a car i have on finance in order to pay it off quicker and be able to sell it privately when i get a company vehicle.

my question is will i get charged the same rate of tax on the hotel job as i do when working in the pub? or is there a rate for 3rd jobs so to speak?

thanks in advance

Comments

  • fengirl_2
    fengirl_2 Posts: 4,530 Forumite
    No, the basic rate of tax is 20%, so this is the rate of tax you will pay. Only if your taxable income rises above £34700 will you be liable at 40%.
    £705,000 raised by client groups in the past 18 mths :beer:
  • bbelt
    bbelt Posts: 117 Forumite
    thank you.

    i think im still a bit away from that!
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