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Working multiple jobs

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Hi,

I've recently been working a few multiple jobs - some temporary, some permanent - but all together they just about add up to a single, full-time job. What happens to my pay if I use the same tax code at all 3 (4) places, and should I even be using the same tax code?

Please help, most of my places are doing the payroll tomorrow and I need to know if I'm going to have to let them know that they should change it.

Thanks!
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Comments

  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    No you shouldn't use the same tax code, but it's almost certainly too late to do anything about it for this pay. Do what xylophone says, and the correct codes should be issued to the employers.
  • Aquamania
    Aquamania Posts: 2,112 Forumite
    Gold_Dust wrote: »
    Hi,

    I've recently been working a few multiple jobs - some temporary, some permanent - but all together they just about add up to a single, full-time job. What happens to my pay if I use the same tax code at all 3 (4) places, and should I even be using the same tax code?

    Please help, most of my places are doing the payroll tomorrow and I need to know if I'm going to have to let them know that they should change it.

    Thanks!

    You'll end up paying too little tax.

    But I'm not sure how you would do this as you should only have 1 p45 so you can only give that to 1 employer. :cool:
  • Aquamania wrote: »
    You'll end up paying too little tax.

    But I'm not sure how you would do this as you should only have 1 p45 so you can only give that to 1 employer. :cool:

    Other jobs should either be on a BR tax code or, if the OP phones HMRC, they can split the allowances across several jobs.
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    Other jobs should either be on a BR tax code or, if the OP phones HMRC, they can split the allowances across several jobs.

    Only the OP has any idea how much he will earn from each job and which ones are more permanent.
    He should ring HMRC and tell them how much of his £10,000 they should allocate to which job(s).
    You should always allocate less than the amount you anticipate earning from a job in the tax year. You should allocate to the most permanent jobs first. Hopefully the most temporary job will end up with BR.
    In this situation you should always keep a track of your earnings and get the relevant HMRC documentation (P45, P60 etc) from each employer either on leaving or at the year end and calculate whether or not there has been an overpayment.
    The only thing that is constant is change.
  • Delphina
    Delphina Posts: 94 Forumite
    edited 17 July 2014 at 9:12PM
    Assuming your highest rate of tax is 0% or 20%...

    To get the best advice, you need to tell us how much you earn at each job and what tax codes are being used.

    If you don't earn enough to pay tax, then using wrong codes at any jobs will make no difference. If you are a taxpayer, things get a little confusing as wrong codes cause under and overpayments of tax.

    You need to work out new tax codes for all jobs every time there is a change in income and when starting new jobs or leaving them, etc. You simply will need to call HMRC often with info re income from each job. Every time you quit, insist on a P45, every time you start a job, you should fill in a P46. But this could cause problem, too. I don't want to go on too much...

    There must be a job more permanent than the rest, if so, that should get all personal allowance it needs. The other job (s) can have the surplus allowance, if any.

    I don't know your financial situation...

    I can only say that if I were you, I would check tax codes on my payslips every week/month, to make sure that all the jobs are using correct codes. There should be some certain job (s) with personal allowance allocated to. Once it has all been allocated the other job (s) should be taxed on BR.

    To pay the right amount of tax, you can ask HMRC to assess every year once it has ended by sending in relevant P60's and/or P45's. Or alternatively, register to file Self Assessment but you must never miss the deadline or you will get £100 fine.

    Good luck. :)
  • lollipopsarah
    lollipopsarah Posts: 1,333 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Contact the tax peeps - I have 3 part time jobs and my tax allowance is divided between the two longest hours worked and the last one I get BR which is about 20 per cent deducted.
    Just don't break your ankle like I did recently because you won't get any help because you don't pay enough tax.
    Best to be honest with the tax man or you could end up with a very large bill.
    xx
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    Contact the tax peeps - I have 3 part time jobs and my tax allowance is divided between the two longest hours worked and the last one I get BR which is about 20 per cent deducted.
    Just don't break your ankle like I did recently because you won't get any help because you don't pay enough tax.
    Best to be honest with the tax man or you could end up with a very large bill.
    xx

    I don't understand why you think the amount of tax you pay has anything to do with whether you get any financial help when off work sick, SSP is available for anyone earning over £111 per week, so if you're paying any tax at all you are almost certainly earning more than that.

    https://www.gov.uk/statutory-sick-pay/eligibility
  • p00hsticks
    p00hsticks Posts: 14,413 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    agrinnall wrote: »
    I don't understand why you think the amount of tax you pay has anything to do with whether you get any financial help when off work sick, SSP is available for anyone earning over £111 per week, so if you're paying any tax at all you are almost certainly earning more than that.

    https://www.gov.uk/statutory-sick-pay/eligibility

    If the OP's carrying out three part time jobs for three different employers though, could it be that they're not earning enough with any individual one of them ?

    Alternatively, they could be talking about contributions based benefits such as contributions based ESA - again if they have three part time jobs all below the LEL then they won't be getting creditted with NI ...
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    I suppose it's possible, but neither issue is anything to do with how much tax is paid....
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