Tax and Student loan on 2nd job

CLAPTON

It is indeed a strange rule, where one clearly owes the money but don't need to actually pay (in the current year) unless invited to do so.

Mikeyorks

It's really quite bemusing. If you're purely PAYE - you get the £15k threshold on every job. And neither HMRC nor SLC (are required to) follow it up.

But if you're required to file an SA Return, for other reasons, then all the earned income is combined. You only get the one £15k theshold - and you can finish with a significant underpayment. And which has to be paid.

It all goes back to the fact that SLC was shoehorned into the PAYE system because no one knew what else to do with it. And the Govt of the time demanded it be done with minimum overheads to employers. So the monthly employer payment of SLC is just amalgamated into the PAYE element. It's then split via an algorithm, within HMRC, in order SLC are paid some money each month. And there's a settlement figure paid over once the P14s are processed at the year end. Hence the anomalies that continue to exist.

xylophone

The Student Loans advice is misleading. It infers a high probability of an SA Return being issued simply because there is a 2nd job and on which SLC is not being paid. That is not the case.

The OP said, "Thanks everyone, do you know if I will be sent a SA automatically?"

Page 14 of the Guide states ..." HMRC may send you a Tax Return..." This is the answer to the OP's question?

How does the word "may" imply a high probability of the SA return being issued? I don't see why the OP should infer this from the guide?;)

http://www.grammar-monster.com/easily_confused/imply_infer.htm