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Second jobs

Good Morning all,:j

Just wondered if anyone can help me at all?

If i earn £160 approx on a second job how much approx will i get taxed on?

Many thanks for any help x

Comments

  • DizzyAng
    DizzyAng Posts: 21 Forumite
    You need to deduct around 25% for tax and NI
    CC Debt as of start of March 06
    Capital One £4130.49 6.9% lob
    Tesco £5000.03 4.9% lob
    Mint £2010.82 7.9% lob

    CC Debt as of end September 06
    Capital One £24.59
    Tesco £1318
    Mint £0 & closed
    M & S £7300 3.9% lob
    Debt Free (of Credit cards) December 2008
  • Great thanks for that x
  • Annie_Fanny
    Annie_Fanny Posts: 1,167 Forumite
    It depends on what you earn on your first or main job. The OP may be earning £100,000 (:)) a year in their first job so will be taxed at a higher rate....

    Have a look at this link for 'Taxable bands':
    http://www.hmrc.gov.uk/rates/it.htm

    And here is a link to a tax calculator:
    http://www.worksmart.org.uk/tax_calc.php

    Hope this is useful

    Annie
    Xx
    "Debt makes plans for you" - A quote from my friend Catherine. How true!
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