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Getting a second job...
Denali142
Posts: 1 Newbie
Hi all!
Apologies if this thread isn't in the right section, I struggled a little!
I currently work 30 hours and my tax code is 810L...I earn about £10900 a year. I really want a second job but I can't figure out how much I will be taxed
...Can anyone help?
Thank you
Apologies if this thread isn't in the right section, I struggled a little!
I currently work 30 hours and my tax code is 810L...I earn about £10900 a year. I really want a second job but I can't figure out how much I will be taxed
...Can anyone help?Thank you
0
Comments
-
As all of your tax-free allowance will be used up in your 30-hours/week job, anything you earn elsewhere will be taxed at 20% (unless you earned so much in the extra job you moved to a 40% tax rate on some of it but that is probably not what you are expecting to earn).
Added: You would also pay NI on the extra income if it on its alone reached the weekly/monthly threshold. It does save some NI in any event because each place you work gives you the NI-free allowance as it doesn't work like income tax.0
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