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tax on 2nd job
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hi,
i currently havwe a full time job but have recently worked for another company on another job. i am in the process of sending this company the forms so i can be paid but was wondering what tax form to send them. Shall i snd them a P46? If i do this, will my fll time employer be informed by the tax ofice that i have submitted a P46 to another company?
i currently havwe a full time job but have recently worked for another company on another job. i am in the process of sending this company the forms so i can be paid but was wondering what tax form to send them. Shall i snd them a P46? If i do this, will my fll time employer be informed by the tax ofice that i have submitted a P46 to another company?
Answers
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For more on marking an answer as the "Best Answer", please visit our FAQ.The company should give you the form P46, not vice versa. You then complete it, and sign section C which states that you have another job. It is then up to the company to send the form to HMRC, who will instruct them what code to use. Your main employer will not be notified.
In the meantime, the 2nd employer will deduct basic rate tax from the payment, and it would be up to you to declare this to HMRC, and pay any higher rate tax due. It is unlikely you would be due any tax back unless you are not using your full personal allowance at your main job.
Alternatively, if the 2nd employer intends to pay you without deducting tax,ie if you had worked for them free-lance and not as an employee, it will be your responsibility to tell HMRC and account for the tax due.
In the meantime, the 2nd employer will deduct basic rate tax from the payment, and it would be up to you to declare this to HMRC, and pay any higher rate tax due. It is unlikely you would be due any tax back unless you are not using your full personal allowance at your main job.
Alternatively, if the 2nd employer intends to pay you without deducting tax,ie if you had worked for them free-lance and not as an employee, it will be your responsibility to tell HMRC and account for the tax due.