New 2nd job & Tax

I am about to start a second job and will be placed with a BR tax code. My combined income from both jobs for the tax year will be less than my 12570 personal allowance, will i be able to claim back on the income tax paid due to the BR tax code or not?

Comments

  • Bookworm105
    Bookworm105 Posts: 2,016 Forumite
    1,000 Posts First Anniversary Name Dropper
    edited 18 October 2024 at 2:35PM
    better option would be to ask HMRC  to split your personal allowance between the two jobs so you do not pay tax in either if, as you say, your combined income leaves you a non tax payer anyway.
    When you get it split, you would then automatically get any overpaid tax to date refunded on the next payslip.

    Tax codes: How to update your tax code - GOV.UK
  • Dazed_and_C0nfused
    Dazed_and_C0nfused Posts: 17,195 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    edited 18 October 2024 at 3:38PM
    baker201 said:
    I am about to start a second job and will be placed with a BR tax code. My combined income from both jobs for the tax year will be less than my 12570 personal allowance, will i be able to claim back on the income tax paid due to the BR tax code or not?
    Once your new employer files your first payslip details with HMRC they (HMRC) should automatically review your tax codes and issue updated ones to each employer, giving spare allowances from your existing job to the new one.

    You start with 1257L and BR but end up with 800L and 457T (for example).

    HMRC aren't mind readers though so if the split isn't what works best for you then you can always update the expected earnings for each job on your Personal Tax Account and the codes will be updated again to reflect your figures.


  • Albermarle
    Albermarle Posts: 27,195 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    baker201 said:
    I am about to start a second job and will be placed with a BR tax code. My combined income from both jobs for the tax year will be less than my 12570 personal allowance, will i be able to claim back on the income tax paid due to the BR tax code or not?
    Remember that tax codes are just a way of HMRC trying to take the right amount of tax from you.
    However if your tax code is wrong and you pay too too much tax then it will get refunded at some point, either via your payslip, or as a rebate after the tax year has ended. 
  • LITRG
    LITRG Posts: 45 Organisation Representative
    Eighth Anniversary 10 Posts Photogenic Combo Breaker
    Hello. We are the Low Incomes Tax Reform Group (LITRG), part of the Chartered Institute of Taxation who are an educational charity. We are not part of HMRC or MSE. Although we can’t give individual advice, you might find our website information about tax codes when you have two or more jobs useful: https://www.litrg.org.uk/working/employment/multiple-jobs#3. If you require further help, we recommend that you contact a tax adviser, HMRC or one of the tax charities where relevant. You can find more information about where to get help with tax here: https://www.litrg.org.uk/tax-nic/getting-help-tax. Thanks
    Official Company Representative
    I am an official representative of LITRG (Low Incomes Tax Reform Group) part of the Chartered Institute of Taxation who are an educational charity. We are not part of MSE or HMRC. MSE has given permission for me to post on the Forum but this does NOT imply any form of approval of my organisation or its products by MSE. We can’t give individual advice, but if you require further help, we recommend that you contact a tax adviser, HMRC or one of the tax charities where relevant. You can find more information about where to get help with tax here. If you believe I am posting inappropriately please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"
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