Furlough and work elsewhere?

Bucki

@Jeremy535897

sorry, I am a noob about taxes I could get ripped off by HMRC and I wouldnt know / figure out.

main job is over 25k a year
whilst this temp 2nd job is ermmm round 18k a year - at 9quid per hr.

anyway ... seems I am safe then.

Jeremy535897

You should be fine then. You will get your personal allowance set against your main job as you currently do, and you should get basic rate tax taken off your second job. You are not going to be paying higher rate tax on those figures (English threshold is £50,000)..

Bucki

Hello again
just received my first payslip from my second job and trhe TAX CODE is marked as BR. I looked it up and it means no tax-free allowance is given.

what ? Why!? Is this right?? 

Yes, I am furloughed and this is my second job and received £150 for one week work. That us sooo low income at £9 an hour.

wow, what can I do?
do i need to call HMRC?

bradders1983

epm-84 said:

If you start a job with a new employer and do not provide a P45 or fill out the equivalent form before the first time they run payroll then HMRC will presume that's a second job and will give you a different tax code for the new job so that you don't get the personal allowance twice e.g. if you earned over £12,500 last year from your current job then you'll pay tax on everything earned from the 'second job' and your tax code for the second job will indicate that.

No you were told weeks ago you pay tax on everything on a second job, clearly you ignored this.

Bucki

Clearly I missed that part or not understood. It is clear now: 20% is applied to every penny from the second job.

ah well... cheers.

irelavv

You can work elsewhere while you are on furlough. I know a few people who are and I was applying for a second job as well, but never got a call back so I'm just relying on furlough.

What you need to do is read your contract specifically about working a second paid job whilst employed with them. To be extra sure ask your HR department.

Like many have said here, HMRC does not care in the slightest how many jobs you have. If you can earn more money - do it. If you get lucky, HMRC might not even put you on a BR code too - one of my friends currently pays very little tax on his wages from furlough and physical work. This is because HMRC have put him on the standard tax code for both jobs, however, he earns enough money that, by law, he would not be eligible to have both jobs share the same L tax code.

Sure, he'll have to pay that tax back next April, but it's extra cash in the pocket, isn't it? Anyways take advantage if you can and seek permission first.

poppy12345

irelavv said:

What you need to do is read your contract specifically about working a second paid job whilst employed with them. To be extra sure ask your HR department.

If you get lucky, HMRC might not even put you on a BR code too -

I'm assuming you didn't read the whole thread based on your reply here. OP has already got permission from their employer to take the 2nd job.

Their tax code for the 2nd job is BR, as stated by the OP.

irelavv

poppy12345 said:

irelavv said:

What you need to do is read your contract specifically about working a second paid job whilst employed with them. To be extra sure ask your HR department.

If you get lucky, HMRC might not even put you on a BR code too -

I'm assuming you didn't read the whole thread based on your reply here. OP has already got permission from their employer to take the 2nd job.

Their tax code for the 2nd job is BR, as stated by the OP.

No I hadn't. Thanks for the recap.

hb2

Bucki said:

Clearly I missed that part or not understood. It is clear now: 20% is applied to every penny from the second job.

ah well... cheers.

You will pay 20% tax on every penny over your personal allowance, no matter how many jobs you have (right up to £50000, then you will pay 40% on the extra).