Tax, with 2 PT jobs.

MusicalLawyer

I'm looking for a bit of advice please, regarding Income Tax.

I work 18 hours per week, but this will be dropping to 15 hours. I don't pay tax at the moment.

Because my hours are dropping, I want to get a Sunday job as well.

Would I need to do anything so that I don't get emergency taxed etc? I will begin to look for jobs this week, so if I find one, I'll start it after the new tax year.

Any advice would be great, thanks

Lokolo

You will want to split your tax code between the 2 jobs. If you don't you will be charged Basic Rate tax on the second job which you can then claim back (assuming your total income is less than tax allowance)

Mikeyorks

MusicalLawyer wrote: »

Any advice would be great, thanks

You need to complete a P46 with the Sunday employer. Tick box C (I have another job) ....... and the employer will put you on 'BR' which means 20% will be deducted from everything.

Ring HMRC once you get the formal Coding notice for 'BR' ---- and ask they apportion your £8105 allowance between the jobs. If you're going to earn over £8105 then cover the main job and leave the residue against the Sun job.

Any tax overpaid on 'BR' will be refunded via pay as soon as you get a new code.

MrPaulSir

You will also need a reasonably accurate estimate of your ANNUAL income (most of the monkeys won't help you work it out so get your weekly amount and times it by 52 for each source or really annoy them and work out the exact number of weeks and income), chances are you'll be on a week/month 1 tax code once the allowances are split.

As for emergency tax code, I may be wrong, but emergency tax code is the standard tax code for the relevant year on a week/month 1 basis and not BR/D0/D1, emergency tax code will be something like 810LX for 2012/13.