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Tax on a second salary

Hello,

Sorry if I have posted this in the wrong section.

I am currently employed full time and earn £16k but I am looking for some weekend work. I have been doing some research and I could be earning around e.g. £200 a month, but I am not sure how my tax is affected.

Would I simply be taxed the maximum of 20% on my second salary and my main salary would remain the same?

Looking forward to your responses,

Thanks.

Comments

  • jem16
    jem16 Posts: 19,850 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Jackjack21 wrote: »
    Would I simply be taxed the maximum of 20% on my second salary and my main salary would remain the same?

    As your main job is using up all your tax-free allowances then yes you would be taxed at 20% on all of it. They should apply a BR tax code to this job.
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    The good news is that you're unlikely to have to pay any National Insurance on the second salary, so you'll be £24 better off than if you were earning £200 a month more in your first job.
  • Thank you for your replies.

    What about NI? Will I have to pay that on my second salary?
This discussion has been closed.
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