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Offered P/T Work
Muppet81
Posts: 951 Forumite
Please could some kind person give me some advice?
I retired from work 5 years ago and have been doing a voluntary 1 to 2 days a week in a local charity shop ever since. I will not receive my works pension until 2017.
OH retired last June and is drawing his works pension.
We both have around 10 years to wait to get our state pensions
As I am not a tax payer all our savings (£85k) ish are in my name
I have now been offered a p/time job with the charity I volunteer with. This will involve covering our manager for her day off, holidays and sickness. So not mega bucks but will come in handy. Plus I feel delighted that they think enough of me to offer me a paid post
As I never intended to go back to paid work, I am a bit out of the loop.
How do I approach the charity to ensure that I do not end up paying tax on my earnings?
I assume that I will pay NI out of these earnings?
Thanks in anticipation for help
I retired from work 5 years ago and have been doing a voluntary 1 to 2 days a week in a local charity shop ever since. I will not receive my works pension until 2017.
OH retired last June and is drawing his works pension.
We both have around 10 years to wait to get our state pensions
As I am not a tax payer all our savings (£85k) ish are in my name
I have now been offered a p/time job with the charity I volunteer with. This will involve covering our manager for her day off, holidays and sickness. So not mega bucks but will come in handy. Plus I feel delighted that they think enough of me to offer me a paid post
As I never intended to go back to paid work, I am a bit out of the loop.
How do I approach the charity to ensure that I do not end up paying tax on my earnings?
I assume that I will pay NI out of these earnings?
Thanks in anticipation for help
Thank you for this site :jNow OH and I are both retired, MSE is a Godsend
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Comments
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if your not earning or getting any benefits then i should imagine you will get your tax free allowance, which if you're working a few days a week may mean you wouldn't have to pay tax and would pay minimum national insurance. If you put the hours or amount into www.listentotaxman.com it will tell you how much you will be left with after deductions:T:T :beer: :beer::beer::beer: to the lil one
:beer::beer::beer:0 -
As this will be your only job you will have all the allowance on your tax code.
Probably need a P46 on starting for them to get the tax code from HMRC.
if the earnng are low enough there will not be any NI.
(might want to check your state pension forcast)
You will need to check your savings income on top as if you recieve this gross and it takes you over the allowance you will need to do something.0 -
How much will you be earning?0
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As from April you can earn around £180 per week before paying taxBe Alert..........Britain needs lerts.0
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Thanks all of you for the help and advice. Much appreciated.Thank you for this site :jNow OH and I are both retired, MSE is a Godsend0
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dawyldthing wrote: »if your not earning or getting any benefits then i should imagine you will get your tax free allowance, which if you're working a few days a week may mean you wouldn't have to pay tax and would pay minimum national insurance. If you put the hours or amount into www.listentotaxman.com it will tell you how much you will be left with after deductions
That is a very useful link. Thanks very much.Thank you for this site :jNow OH and I are both retired, MSE is a Godsend0
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