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Does anyone know what would happen tax-wise if I took on a job at the weekends?

2 replies

umberella · 23/09/2008 21:46

I work three days per week and we are stoney broke so I am thinking of doing some care work at the weekends (totally different from what I do for my first job but I have experience and wouldn't mind doing it again).

Does anyone know if I would be charged a higher tax (I think I would) and what it would be??

I am so not on the ball with this sort of thing but I am sure someone here might know!

OP posts:
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Lusi · 24/09/2008 01:55

I used to do the books for my partner - not an expert but..
Basically you would be on BR (basic rate) and would get no tax allowance on your second job - approx 22% of everything you earned in that job would be taken in tax. You would also, if you earned more than approx £100, have to pay National Insurance.
I'm pretty sure that there is some thing where you can pay less NI but not sure how it works...or the sums would be worth your while.
Or how it would work if you were in the higher (40%)tax bracket for your primary job -ie earn over approx £35K pa.
Best to give HM customs and revenue a call - they have a brilliant employers helpline but can't find similar for employees..call any dept (from the phone book) and they will point you in the right direction...

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Lusi · 24/09/2008 01:58

Should also have said - might be worth also checking how the extra income impacts on your tax credits ...

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