Paying tax on second job

ljedward

With my second job I still don't go over the allowance. Am i meant to be paying tax on this job?

On job A I earn around 3000 a year.

On job B I earn around 1000 a year. On this one I pay 20% tax.

McKneff

You should not be paying tax at all on those amounts.

You should have filled in a p46 when starting your 2nd job. If you havent done this, do it as soon as possible (you or your employer can download one) give it to your employer.
You should get any tax you have paid refunded through the payroll.

chrisbur

ljedward wrote: »

With my second job I still don't go over the allowance. Am i meant to be paying tax on this job?

On job A I earn around 3000 a year.

On job B I earn around 1000 a year. On this one I pay 20% tax.

You need to contact the tax office in order to get your tax code split between your two jobs.

somethingcorporate

Otherwise they simply apply BR to your second job and you end up paying tax on it.

ljedward

somethingcorporate wrote: »

Otherwise they simply apply BR to your second job and you end up paying tax on it.

That's the code that I have on that job.

chrisbur

ljedward wrote: »

That's the code that I have on that job.

And I would assume something like 810L on the first job. You need to get some of this moved onto the second job; the only way to do this is through the tax office.

Murdina

Getting the allowances split means you should pay the right tax as you go along. However only do this if you are pretty sure the pay in each job is constant. If it varies a lot then it could get messy.

When you get your forms P60 for this tax year next May from each employer add up what you earned in total and if it is a) less than 8105 and b) you nonetheless have paid some tax ring up HMRC to prompt them into making a tax repayment.

ljedward

chrisbur wrote: »

And I would assume something like 810L on the first job. You need to get some of this moved onto the second job; the only way to do this is through the tax office.

I have the code 521L. Called them up and they said that anything left over the first job will be moved over to the first but everything's fine as it is. :think:

Thanks You all.