WikiWirral is where great friendships are made.
Forum Stats
12225 Members
65 Forums
72752 Topics
980554 Posts
28 posts in the last 24hrs
Max Online: 7831 @ 8th Apr 2013 4:18pm
Who's Online - Click Me
86 registered (11kendo, 14 invisible), 1736 Guests and 189 Spiders online.
Key: Admin, Global Mod, Mod
Social Media : Follow Us


(Views 7days)This Weeks Most Read
Doris is on her way 1041
TS Indefatigable 539
Patio work 448
vet fees 357
Internet Explorer Not Working 346
Dangerous Tumble Dryers 278
Chef's knife. 277
Is This ART ? 265
roofers 186
Seeking old pictures of Egerton Street area, Birkenhead 185
New General Forums
Nigel Farage speaks at the CPAC.
by snowhite
06:28 PM
Is This ART ?
by granny
23rd Feb 2017 9:56am
Wirral track renewal
by snowhite
22nd Feb 2017 2:42pm
Ice in the 1800's
by granny
21st Feb 2017 9:47pm
New Wirral History
Seeking old pictures of Egerton Street area, Birkenhead
by yoller
19th Feb 2017 7:53pm
TS Indefatigable
by granny
18th Feb 2017 3:32pm
RIP : Chris Kay
by granny
31st Aug 2016 9:25am
Children's home on the Overchurch
by xleahx
26th Apr 2011 7:01pm
423 Archers, Wirral Mark Rake, Wirral, Merseyside
by derekdwc
13th Sep 2009 10:50pm
Forum Tips
Photo Gallery Forums
fireworks on the Mersey last night
Hadlow train station
Topic Replies
Children's home on the Overchurch
by teacherSue
11:53 PM
Doris is on her way
by diggingdeeper
10:46 PM
Wirral Bus Review
by fish5133
08:32 PM
Rescued Animals.
by granny
06:52 PM
What song are you listening to?
by Vanmanone
06:18 PM
Wiki Ghost Hunters Chat
by PhilMH
05:47 PM
2 x Sum 41 tickets Manchester 25/02
by turnip
07:47 AM
Dangerous Tumble Dryers
by diggingdeeper
12:23 AM
Patio work
by rossie
23rd Feb 2017 9:34pm
February
M Tu W Th F Sa Su
1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28
Recent Posts : What's On ?
Lion Salt Works/Weaver Hall Museum
by venice
19th Feb 2017 12:19pm
Wirral TUC Meeting re Update on Wallasey CLP Suspe
by RUDEBOX
13th Feb 2017 8:50pm
Topic Options
Rate This Topic
#573517 - 2nd Sep 2011 2:46am Tax Advice
Elizabeth Offline
Veteran

Registered: 28th Jul 2011
Posts: 718
Loc: Prenton, Wirral
Sort of job related here, does anyone know, (as I've been told) that having two part-time jobs, let's say with combined hours of no more than 30 per week and income of 6.50 per hour on both, will make your taxes rocket? My daughter tells me that if she has 2 jobs then the tax will be through the roof as she'll need two separate tax codes?

Top
Jobs : Advertising
Click me for more Information......

WikiWirral Numbers : Between 150 and 200 New Members Every Month. With Over 3,500 unique visits and 35,000 Page Views each day. Average +500 Search Engines Daily and over 1,000,000 Million Page views a Month. Advertising from £20 . Click Me
#573519 - 2nd Sep 2011 3:21am Re: Tax Advice [Re: Elizabeth]
diggingdeeper Offline

Wiki Guardian

Registered: 9th Jul 2008
Posts: 9785
Loc: Birkenhead
It can get messy, if you have the same (standard) tax code for each job then you will be paying TOO LITTLE tax, this will be calculated on your self-assessment after the end of the tax year and you will be given options how to pay it back.

If both jobs are (roughly) stable income and long term then you can get two separate tax codes for each job which will be calculated to charge you approximately the right amount of tax, again, at the end of the year your self-assessment will work out any correction. iirc one employment has to be decided to be the "main" job even if both are equal. If the second employment is substantially less income it can be trickier.

It is not uncommon for one of the pair of tax codes to be zero or near to zero.

The reason you would be paying too little tax is that you would get two allowances (currently £7,475 for single person) before paying tax, so if (say) both jobs were equal income then you would be earning £14950 before paying any tax instead of paying tax only above £7475.

Despite all the horror stories, the tax offices are quite friendly and a phone call will sort things out (plus the forms).

As a slight aside, if you've never done a self-assessment, these aren't too bad when you do them online, the first time is scarey and difficult because you end up chasing banks etc for figures, but once you know what you need, the next year is easy. I was going to list them but my memory isn't that good, but basically you need to know amounts for anything you earn, anything you gain interest or profit from, any inheritance, any capital gains (selling house, shares) and any gift aid donations you've made.
_________________________
In a time of universal deceit - telling the truth is a revolutionary act. George Orwell

When the debate is lost, slander becomes the tool of the loser. Socrates

Top
#573630 - 2nd Sep 2011 11:19am Re: Tax Advice [Re: Elizabeth]
paxvobiscum Offline
Forum Addict

Registered: 31st May 2011
Posts: 1112
Loc: Upton
Originally Posted By: Elizabeth
Sort of job related here, does anyone know, (as I've been told) that having two part-time jobs, let's say with combined hours of no more than 30 per week and income of 6.50 per hour on both, will make your taxes rocket? My daughter tells me that if she has 2 jobs then the tax will be through the roof as she'll need two separate tax codes?


Hello Elizabeth.
Google-Directgov.com. Click on Money/Tax/Benefits. Then on righthandside click- 'Find out what it means, including how to check your tax if you have more than one job or pension'

There is all sorts of advice here and if you need further, ask your daughter to phone her tax office shown on her coding notice,quoting her National Insurance Number,or the contact on the website.

It's no use phoning if you are not the taxpayer.

Top
#574057 - 3rd Sep 2011 1:12am Re: Tax Advice [Re: Elizabeth]
Elizabeth Offline
Veteran

Registered: 28th Jul 2011
Posts: 718
Loc: Prenton, Wirral
Thank you for the answers, I will pass on the information to my daughter and hopefully she'll not be put off applying for more than one job.

Top

Moderator:  Mod 
Random Wirral Images

Click to View Topic.
Newest Topics
Wirral Bus Review
by Norton
11:42 AM
Aerial engineer
by ponytail
23rd Feb 2017 6:01pm
roofers
by thisledous
23rd Feb 2017 4:44pm
Chef's knife.
by Beethoven
23rd Feb 2017 12:39pm
Is This ART ?
by granny
23rd Feb 2017 9:56am
For Sale & Free
2 x Sum 41 tickets Manchester 25/02
by turnip
07:47 AM
Sony Smartwatch 2
by Mike_Hoylake
23rd Feb 2017 9:25pm
Brother printer
by saltytom
23rd Feb 2017 11:02am
Mk6 Golf TDI 1.6
by Cjoshea
22nd Feb 2017 11:05pm
TV wall mount wanted.
by j_demo
21st Feb 2017 7:53pm
Featured Member
Registered: 15th Feb 2013
Posts: 69
Newest Members
Bradshawbatho, raybb, CliveK, vonny, Vkj530
12225 Registered Users
Today's Birthdays
No Birthdays
New Wirral Info
Aerial engineer
by ponytail
23rd Feb 2017 6:01pm
roofers
by thisledous
23rd Feb 2017 4:44pm
Lion Salt Works/Weaver Hall Museum
by paxvobiscum
18th Feb 2017 9:19pm
Patio work
by steamfan
18th Feb 2017 3:45pm
Ceiling needs smoothing
by yr20405
15th Feb 2017 1:52am
News : New Topics
Wirral Bus Review
by Norton
11:42 AM
Dangerous Tumble Dryers
by diggingdeeper
23rd Feb 2017 2:03pm
Doris is on her way
by granny
22nd Feb 2017 8:43pm
Hezballah
by venice
17th Feb 2017 11:15am
On-street parking charges dropped
by oldpm01
15th Feb 2017 9:10am
New Enthusiast Forums
Chef's knife.
by Beethoven
23rd Feb 2017 12:39pm
irish music entertainer for St Patrick's night
by kazaroo
22nd Feb 2017 3:07pm
Internet Explorer Not Working
by fish5133
22nd Feb 2017 12:25am
vet fees
by eggandchips
20th Feb 2017 12:01am
Sea Shepherd
by venice
16th Feb 2017 1:06pm
(Views 24hrs)Trending Newest Topics
Wirral Bus Review 115
Nigel Farage speaks at the CPAC. 11
Wirral Sunrise Sunset
Sunrise Sat 7:07am
Sunset Sat 5:43pm
Local Time Sat 12:05am
WikiWirral Can . . . .
Advertising Click me
To Advertise with
Wikiwirral Click Me