Quizzes & Puzzles13 mins ago
Am i earning to much with 2 jobs..
15 Answers
I earn £26988 in my main job as a european hgv driver,this is my wage before any tax is deducted,i also have a 2nd job working sundays for a small haulage company,i am now up to £2633.50 with this job,and its week 43 in the tax year,iv paid £512.60 tax and im not sure if my tax coad will change next tax year for my main job,as the 2nd job ends in 4 weeks,and im just going to have my main job....
Answers
Not quite sure I follow you. Are you asking if you pay too little tax?
16:38 Sat 19th Feb 2011
Add the two amounts you have earned in a tax year together take away your tax free allowance as per your tax code and that is the amount you pay tax on at the specified rate. The figures you have quoted will not bring you up to the 40% bracket unless you earn a lot in the next 4 weeks. The Inland revenue site gives you all the tax thresholds