Is the tax I'm paying correct

sheramber

Each month you pay tax on any income in excess of  £1048  (1/12 of 12570)

chrisbur

JamesN1984 said:

chrisbur said:

Just to clarify can you confirm that the details you give for taxable income  ie 1333.62 are the result of combining your two jobs and this figure agrees with the earnings figure on your online tax account.
If that is the case then all would appear to be fine.

PAYE is designed to even out your tax payments through the year as much as is possible.  If you got your full annual allowance at the start of the year then when that ran out you would have 20% deducted from your monthly wage.

This is what I was questioning, as I now have a new personal allowance of £12,570 or whatever it is but I've started paying tax straight away, but as you say maybe its evening it out throughout the year.

I just thought paying £100 tax on £450 odd earnings seemed a lot especially at the start of the financial year.

I assume that the £450 earnings you refer to here is just one of your payments so I assume that the £1333.62 on which your tax figure is calculated does include both earnings figures.  As advised your tax due is based on this figure of £1333.62 and 1/12 of your tax allowances.
As far as NI is concerned that is based on your total gross pay not your taxable gross pay and you get a monthly allowance for that of £1048 and then pay 12%