chr15barn3s
Member
Registered: 5th Oct 03
Location: Farnborough
User status: Offline
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Im thinking of getting a 2nd job, a couple of evenings and sunday somewhere.
Am i right in thinking I will be taxed at the normal rate on this and my current job? So 20% plus national insurance on each?
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mav
Member
Registered: 19th Jun 01
Location: Scotland
User status: Offline
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is it not higher tax for 2nd job?
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James
Member
Registered: 1st Jun 02
Location: Surrey
User status: Offline
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quote: Originally posted by mav
is it not higher tax for 2nd job?
I dont think its a higher rate, but you dont get the £4k allowance like you do with one job.
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chr15barn3s
Member
Registered: 5th Oct 03
Location: Farnborough
User status: Offline
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Thats what I thought. Id still get the free allowance in my main and current job and the second job is fully taxable.
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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Unless its cash under the table I wouldnt bother as you probably wont make much!!
I thought about getting a part time job to make some pocket money while going to college but im due a couple grand back in tax from April - Sept earnings & any money I make will be consumed by tax so not worth giving up my weekend!!
If I can find a wee cash in hand number i'll be there but not many of them these days!
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James
Member
Registered: 1st Jun 02
Location: Surrey
User status: Offline
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Chris what's life like in Farnborough? 
Looking for cheap property near me and it seems Farnborough or Aldershot is the cheapest.
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richardworrall
Premium Member
Registered: 20th Sep 05
Location: Derby
User status: Offline
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you can claim exemption from NI for your second job if your earnings for the tax year will be under £4300 or thereabouts, this is because you only need to pay it once through your main job.
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Aaron
Member
Registered: 9th Aug 04
Location: Cottingham, East Riding
User status: Offline
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I think you get taxed on emergency tax rate on the second income once your total earnings go over 33K
thats what i've been told anyway
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Jamie
Member
Registered: 1st Apr 02
Location: Aberdeen
User status: Offline
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Your tax code becomes *BR* which is basic rate and you'll get taxed 22% on your second job
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Ant
Member
Registered: 12th May 02
Location: Hereford and Worcester
User status: Offline
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people who say its not worth getting a second job because of the tax baffle me, getting a second job which pays 5k a year will see no less in your pocket than if you had a 5k a year pay rise in your main job.
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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Like J-Me said (unless your a higher rate tax payer where you'll pay at the flat rate of 40%)
(I'm an accountant)
Also you'll pay NI @ 1% of all earnings
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chr15barn3s
Member
Registered: 5th Oct 03
Location: Farnborough
User status: Offline
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Cheers guys
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Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
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I think i've been screwed by this...
I was working at legoland windsor as a summer job, then started my placement year - so never left my summer job officially until after I had started my placement job.
Placement job is proper full time work.
But I'm getting tax'd to fuck, like a 1/3 rd of my wages disapears in tax / N.I.
What's more, I should've still been having my 'allowance of money I can earn etc'
Spoke to my mate who's also on his placement and he said he only gets N.I and for the last 3 months he's not been taxed at all and won't be till he hits his 'allowance' of money, and then will get taxed at a low rate. He also said as our jobs fall over 2 tax years our allowance should be like 4 - 5 k each year, meaning should only get taxed on the remainder.
I'm getting taxed hard on everything I earn 
If I sit back and take it as it is, will I automatically get a rebate, or do I have to make a fuss to get it known?
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Fee
Member
Registered: 16th Nov 05
Location: With AK
User status: Offline
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i thought you got taxed more too on a second job...I'm pretty sure I did
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