Stupid question alert, I probably should know this but I've never had to rely on exact amounts of money before and so being taxed hasn't really affected me before.
I have two jobs, one with a tax free limit of £7280 and one with a limit of £5220. I haven't earned anywhere near these amounts yet.
My question is will I still pay a small amount of tax each month or do I only pay tax when I've got to those figures? I have the letter in front of me but it's confusing me