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take home pay with second job-working out?

mrs_baggins
mrs_baggins Posts: 1,290 Forumite
Part of the Furniture Combo Breaker
in Cutting tax
My son works full time and he has an interview for a sat/sun job to get some extra income. I realise that all his wages will be taxed but dont know how much all the other deductions may be ie nat insurance etc. For arguments sake lets say the second job will be 5000 pa how can i work out his take home pay. He wants to see if will actually be worth doing a second job or not? thanks
«1

Comments

  • noh
    noh Posts: 5,827 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    His tax allowance will be used up by his full time job.
    The second job pay should be taxed using BR as the tax code.
    Put BR and the figures into this calculator http://www.listentotaxman.com/ to get your answer.

    Nigel
  • tigtag02
    tigtag02 Posts: 6,857 Forumite
    Part of the Furniture Combo Breaker
    he will be taxed at 22% on everything he earns in his 2nd job

    NI will be 11% on anything over £100 per week

    HTH
    tigtag
    :heartpuls baby no3 due 16th November :heartpuls
    TEAM YELLOW
    DFD 16/6/10
    "Shut your gob! Or I'll come round your houses and stamp on all your toys" The ONE, the ONLY, the LEGENDARY Gene Hunt :heart2:
  • brazilianwax
    brazilianwax Posts: 9,438 Forumite
    tigtag02 wrote: »
    he will be taxed at 22% on everything he earns in his 2nd job

    NI will be 11% on anything over £100 per week

    HTH
    tigtag


    as a second job the NI allowance will be used on the 1st job. So should pay 11% NI on all earnings with 2nd job.


    (tigtag - I ADORE your avvy!!!)
    :A MSE's turbo-charged CurlyWurlyGirly:A
    ;)Thinks Naughty Things Too Much Clique Member No 3, 4 & 5 ;)
  • tigtag02
    tigtag02 Posts: 6,857 Forumite
    Part of the Furniture Combo Breaker
    brazilianwax wrote: »
    as a second job the NI allowance will be used on the 1st job. So should pay 11% NI on all earnings with 2nd job.


    (tigtag - I ADORE your avvy!!!)

    thanks :grin:

    however, he will recieve his allowences for his 2nd job for NI

    to reiterate 22% tax on everything and 11% NI on earnings over £100 per week.
    :heartpuls baby no3 due 16th November :heartpuls
    TEAM YELLOW
    DFD 16/6/10
    "Shut your gob! Or I'll come round your houses and stamp on all your toys" The ONE, the ONLY, the LEGENDARY Gene Hunt :heart2:
  • brazilianwax
    brazilianwax Posts: 9,438 Forumite
    tigtag02 wrote: »
    thanks :grin:

    however, he will recieve his allowences for his 2nd job for NI

    to reiterate 22% tax on everything and 11% NI on earnings over £100 per week.

    sorry - wasn't clear.

    will owe 11% NI on all earnings in 2nd job, so won't actually pay enough on your method.
    :A MSE's turbo-charged CurlyWurlyGirly:A
    ;)Thinks Naughty Things Too Much Clique Member No 3, 4 & 5 ;)
  • tigtag02
    tigtag02 Posts: 6,857 Forumite
    Part of the Furniture Combo Breaker
    brazilianwax wrote: »
    sorry - wasn't clear.

    will owe 11% NI on all earnings in 2nd job, so won't actually pay enough on your method.

    I'm not sure what you mean :confused::confused:

    In a second job you receive your allowences again unlike tax.
    :heartpuls baby no3 due 16th November :heartpuls
    TEAM YELLOW
    DFD 16/6/10
    "Shut your gob! Or I'll come round your houses and stamp on all your toys" The ONE, the ONLY, the LEGENDARY Gene Hunt :heart2:
  • brazilianwax
    brazilianwax Posts: 9,438 Forumite
    tigtag02 wrote: »
    I'm not sure what you mean :confused::confused:

    In a second job you receive your allowences again unlike tax.

    sorry - thought it worked the same way as tax.

    none of my staff work for the organisation as a second job :o
    :A MSE's turbo-charged CurlyWurlyGirly:A
    ;)Thinks Naughty Things Too Much Clique Member No 3, 4 & 5 ;)
  • tigtag02
    tigtag02 Posts: 6,857 Forumite
    Part of the Furniture Combo Breaker
    brazilianwax wrote: »
    none of my staff work for the organisation as a second job :o


    This makes you a good employer, yes ;)
    :heartpuls baby no3 due 16th November :heartpuls
    TEAM YELLOW
    DFD 16/6/10
    "Shut your gob! Or I'll come round your houses and stamp on all your toys" The ONE, the ONLY, the LEGENDARY Gene Hunt :heart2:
  • brazilianwax
    brazilianwax Posts: 9,438 Forumite
    tigtag02 wrote: »

    This makes you a good employer, yes ;)

    Government Department ;)

    Very restrictive about what else you're allowed to do!!! :rotfl:
    :A MSE's turbo-charged CurlyWurlyGirly:A
    ;)Thinks Naughty Things Too Much Clique Member No 3, 4 & 5 ;)
  • tigtag02
    tigtag02 Posts: 6,857 Forumite
    Part of the Furniture Combo Breaker
    brazilianwax wrote: »
    Government Department ;)

    Very restrictive about what else you're allowed to do!!! :rotfl:

    :wink: :shhh: :whistle:
    :heartpuls baby no3 due 16th November :heartpuls
    TEAM YELLOW
    DFD 16/6/10
    "Shut your gob! Or I'll come round your houses and stamp on all your toys" The ONE, the ONLY, the LEGENDARY Gene Hunt :heart2:
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