Meet the Other Phone. A phone that grows with your child.

Meet the Other Phone.
A phone that grows with your child.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

What tax code should I be on for doing 2 part time jobs?

6 replies

Lonelybunny · 21/02/2013 15:34

I seem to pay a lot in tax nearly £300 pm combined ? My code is 140L is this right ?

OP posts:
lljkk · 21/02/2013 16:34

dunno, but you might want to go thru self-assessment at end of the year to be sure you paid right amount.

tallulah · 21/02/2013 16:38

Each of your jobs should have a separate tax code. Usually your main job has the full personal allowance and your second job is taxed at basic rate. But if you say your code is 140L that means you are only getting £1405 tax free, so presumably it has been split and the remainder of your allowance is with your other job.

You really don't need to go via self assessment. Just call the tax office, tell them how much you earn in each job and ask them to check if your code is right.

KindleMum · 21/02/2013 16:49

As Tallulah says, the norm would be that only one job has your personal tax code with your personal allowance worked out on it and that any other jobs are all taxed with a BR (basic rate) code. Personally, if I changed jobs in the year or had more than one job at a time I would always work out my tax myself at the end of the tax year and then compare it to the end of year forms to check I hadn't been overtaxed as mistakes do happen and they're more likely when you aren't in the standard position of just one job.

Don't volunteer unnecessarily for self-assessment! There's plenty of online tools and if you or someone close to you are ok at maths you can check it yourself - tax on earned income is just percentages after all.

If you are overtaxed, reclaiming it is usually easy enough.

Lonelybunny · 21/02/2013 20:36

Definitely not a BR code for my less hour job ? I may call them and see what they say. My OH had been on BR code for 10 years wrongly and got £10,000 back and was very easy get back .

OP posts:
KindleMum · 21/02/2013 20:53

It sounds very odd then. That's not how I'd expect HMRC to normally code your two jobs. Well worth looking into. Maybe you'll get a large rebate like your OH. Fingers crossed!

Lonelybunny · 22/02/2013 07:43

Ya never know hey :) or worse they say I'm not paying enough :-/

OP posts:
New posts on this thread. Refresh page