tax on 2nd job

[star 69]

i have a full time job but wish to stay on at another job just doining the odd shift here and there, i would like to know if i will get taxed on both of the jobs

[Buenchico]

Your tax allowance will be allocated to your principal employment. Therefore you will be taxed on everything you earn from your second job, with no tax allowance for this job.

Chris

[jason1980]

Hi, when you start a new 2nd job, you should fill in a P46 form correctly. The 2nd employer will give you the tax code of BR which is 22% tax on everything you earn with just the 2nd job. If you've paid too much tax at the end of the tax year - you will be notified by Revenue & Customs be credited it back.

So in short on the 2nd job wages you pay 22pence for every pound earnt.

[kags]

you will also be liable to National Insurance Contributions on the 2nd job - if you earn more than �97 a week. The rate is 11% on earnings over the �97 per week - falling to 1% on weekly earnings over �645. If your current earnings already take you over the higher limit, you should apply to HMRC for deferment of contributions on your 2nd job, and the amount due will be calculated at the end of the tax year. In any case, there is an annual maximum amount that is due at the 11% rate, and if you pay too much, you can claim a refund at the end of the year.