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Taxation question when you take up a second job

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Andy C
Tree Seeking Missile



Joined: 26 Apr 2005
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PostPosted: 11:08 - 06 Jun 2007    Post subject: Taxation question when you take up a second job Reply with quote

Hi,

Im on summer break from uni so have 4 months and would like to earn more money than my current job offers. I dont want to leave as i really get on with the poeple and they can always sort me out with work christmas and Easter so i feel its important to keep this job going. I should get around 20hours with this job.

I would like to get and extra 15 or so to make up to 35hours (due to uni debt from drinking/bike).

I know i could quite easily get a couple of jobs though people i know but i would like to know what the tax would be if i was on two jobs. I know that sounds vague but will i be taxed lots extra just for having 2 jobs?

Could all this be claimed but providing i dont earn more than the £4700ish or whatever the boundry is?? If so this would be helpful at uni when i have no money left.

Hope someone can help, im going to find a number on the net and see what they say i just thought some people may have some experience with this.
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hendo
Borekit Bruiser



Joined: 30 Jul 2006
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PostPosted: 11:12 - 06 Jun 2007    Post subject: Reply with quote

Second job will be taxed at the basic rate (22%) with no allowances - they're taken up by your first job.

You won't get taxed more, you are taxed on your income for the year, regardless of the number of income sources.

Thing to do is to suffer the tax under PAYE, then come April check your income for the year vs tax paid and see if you're due a refund.

HTH Thumbs Up
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Andy C
Tree Seeking Missile



Joined: 26 Apr 2005
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PostPosted: 11:27 - 06 Jun 2007    Post subject: Reply with quote

Well, i just rang and was told that if i get a P38s from my enployer then i will be not taxed providing i done go over the £5200 limit of earning. This shouldnt be a problem and if it is fill out a P46 for each employer and get taxed accordingly.

That was easier than i thought it would be Rolling Eyes
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Itchy
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Joined: 07 Apr 2005
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PostPosted: 11:53 - 06 Jun 2007    Post subject: Reply with quote

Until they invariable fuck it up , this pensioner I was doing a jobbie for was so heavily over taxed on an enourmous K code , and got a refund cheque at the back of the year,

don't worry fuckups are actually policy , it fills the IR bank account with billions which gets about 10% interest.
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nick.h
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Joined: 12 Sep 2004
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PostPosted: 18:23 - 06 Jun 2007    Post subject: Reply with quote

On the subject of tax. (sorry for hijacking thread)

I worked for domino's last tax year, and earned well under my personal allowance. I still have a few payslips, but not all.

i went in the other day (after about 3 months) to try and get my p60. I was told that they had changed companies that sorted out the pay, and the boss would try and get me my p60, after he gets back off holiday. From track record, i very much doubt this. Where do i stand?

I should be able to find out which tax office im assosiated with, but what can i do, considering i only have a few payslips to prove my earnings with?

Help! its just 400 quid sitting waiting for me!

cheers Nick
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Itchy
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PostPosted: 19:06 - 06 Jun 2007    Post subject: Reply with quote

phone your tax office ask them to fill in a repayment clain form R40 for you , you should have your P45 you did keep it right? ,you can requwst copies since they are supposed to keep copies for years and years,
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nick.h
World Chat Champion



Joined: 12 Sep 2004
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PostPosted: 20:42 - 06 Jun 2007    Post subject: Reply with quote

never filled in a p46, well i did, but it never got sent off (whole reason i was getting taxed!) tax code br.

So i presume that i dont get i p45. plus i just quit the job, would this make a difference to getting one?

Who are supposed to keep copies, the company i worked for? if so, i hightly doubt i would get one of those either :s

Any help apprietiated.

Nick
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Itchy
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Joined: 07 Apr 2005
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PostPosted: 06:34 - 07 Jun 2007    Post subject: Reply with quote

Nick.H wrote:
never filled in a p46, well i did, but it never got sent off (whole reason i was getting taxed!) tax code br.

So i presume that i dont get i p45. plus i just quit the job, would this make a difference to getting one?

Who are supposed to keep copies, the company i worked for? if so, i hightly doubt i would get one of those either :s

Any help apprietiated.

Nick


you should keep your payslips , they employers should keep copies , P35s P45s and P46s, records are easy enough to get hold of biz must keep hold of them for like 7 years ,
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