Second job tax code and higher bracket!!!

anhphuong

Hello, I’m confused about what the correct tax code should be for my second job? Is it BR?

My first job is 3 days, includes student loan payments and personal allowance = gross annual income £24,500
My second job is 2 days = gross annual income £19,500

In the future my second job gross income will be a lot higher, meaning that I will be in the 40% tax bracket. What happens then?

What happens to student loan payments? As one job is giving some, the other isn’t.

Thanks.

Comms69

Your gross pay, is that already pro-rata'd?


Yes your tax code is correct.


You have £11.5k in tax free allowance, your first job uses that up. So you pay the full tax on the 2nd.