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new job but self employed as well
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mikiee
Posts: 2 Newbie

i am self employed driver starting a seconnd job wich will be paye, but dont know wich box to tick on the p46 "your present circumstances" a b or c any help would be great
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mikiee said:i am self employed driver starting a seconnd job wich will be paye, but dont know wich box to tick on the p46 "your present circumstances" a b or c any help would be greatGoogling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!0
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its a employee without a form p450
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mikiee said:i am self employed driver starting a seconnd job wich will be paye, but dont know wich box to tick on the p46 "your present circumstances" a b or c any help would be great
You need to decide if you want to pay less tax now and (if necessary) more later via your Self Assessment return.
If you go for statement A you will be given the emergency tax code (1257L) on a cumulative basis so you won't pay tax until your income reaches your tax code allowances (approx £4.2k by the month to 5 August).
Statement B is same code but non cumulative so just the first £1,048 is paid without tax then probably just 20% above that.
Statement C means 20% tax from each payment.0
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