Secound Job Tax

sorcerer

I am thinking of starting a secound job, which is I think payed through PAYE. When I start do I need to tell the tax office or will they know this from the employer.

I want to make this secound job NOT my main job, so I would pay 20% tax on the full amount, with a tax code of BR. Do I ask HMRC about doing this or will the secound employee do this for me?

Just trying to clarifiy.

Thanks

CLAPTON

when you start the second job you need to fill in a P46; just tick the box that says this is your second job and you will be given a BR code.

sorcerer

CLAPTON wrote: »

when you start the second job you need to fill in a P46; just tick the box that says this is your second job and you will be given a BR code.

Great that seems simple enough, I guess they will send the P46 to the tax people?

AirlieBird

Your employer is required to gather certain information from you before your first payday. One piece of information is whether you have another job or not. Your employer is required to obtain this in writing and keep this information. This may be by completing a P46 or it may be by way of a simple email.

Edit: They will keep the information, whether by P46 or other means, and submit the information on it to HMRC electronically.

zygurat789

20% may not be enough if it takes your total taxable income over £34,370

CLAPTON

zygurat789 wrote: »

20% may not be enough if it takes your total taxable income over £34,370

total income over 42475 is taxed at 40%

zygurat789

CLAPTON wrote: »

total income over 42475 is taxed at 40%

The diferenc being £8105 personal allowance which is not taxed