Tax on 3 jobs?

becky2011

Firstly I will apologise for being so naive about tax, my understanding is not great!
I shall soon have 3 jobs, all being 16 hours each a week. Roughly working out around £8 per hour. How will the tax work? I am of the understanding that you get taxed on a higher rate for a second job. Please could someone explain how my tax will work with having 3 jobs!
Thank you.

LittleVoice

The higher tax rate kicks in when your total annual income is above a certain amount. Unless you also have a very large savings pot earning well over £10k/year, your total income will not move you to the 40% rate on the top slice.

It is not the second (or third job) which means you pay the top rate.

You have a personal allowance of (this year) £5225 before you have to pay tax. That will be taken up in any one of your jobs. Therefore you should choose the one which is the most secure and get them to operate your regular tax code (probably 522L). The other jobs will then deduct tax at the standard rate (currently 22%) on all your earnings. This will seem higher than the first job but if you look at all three together you will not be paying any more than if you had just one job paying the same total amount.

becky2011

Thank you, I understand now!