Tax on 2 jobs

[T12344]

Hello,

can anyone help me understand what my tax situation will be.

I currently work a relief job on a 0 hour contract. I generally make around £800 a month.

I am about to start a part time job as well as keeping my current job. The part time job I will earn £1360 monthly.

am I going to be taxed a lot on the part time job? Can I make this my ‘main job’ with HMRC rather than my second?

any info/ advice would be appreciated
Tia

Not sure what you are hoping to achieve?

Your annual total tax paid and total post tax income will be the same regardless of how the tax is distributed between the two jobs.

It doesn’t matter whether it’s one job or two jobs or which one is your main job you are taxed the same way. You’ll get the same tax allowance and you’ll be in the same tax band regardless.

You get taxed the same however many jobs you have, you can ask for your tax code to be split between the two jobs if you prefer rather than having it all taken from one but in ££ terms you'll pay the same

For convenience I would have the fixed salary job as the primary job and have your personal allowance taken off that

Just ring up HMRC and ask to split your tax code 70/30 between your new permanent job and your other role. That way you will have approx £8k of your tax allowance against your main job and £4k against the zero hours role. Any tax that you overpay can either be paid back to you at the end of the tax year, or you can offset it against next year's tax.

My reason for this post is because when I went into my new job today to do background checks they asked me if I was aware I’d pay more tax on my second job.

What kind of employer is it? Not one that understands how the tax system works it seems.

There's no such thing as paying more tax for 2nd, 3rd or 50th jobs

I assume that’s because they intend to be primary employer and so take all the personal allowance

given your existing job has a variable pay I think it makes sense that way

you won’t pay more tax overall - it’s just how it’s split between the two

You’ll pay more tax because you earn more if that’s what they mean…iyswim

HMRC is much better nowadays at sorting the tax on multiple jobs

I am in the same position and ended up overpaying tax . The HMRC applied my personal allowance to one salary and taxed the totality of my second (higher) salary at a higher rate. My accountant sorted it out in the end but I still had a rebate of over £600 at the end of the tax year - so yes it's definitely worth getting it sorted out

You maybe haven't got the correct tax code for your new job yet

You won't pay 'more tax'. Tax is based on total income, so you pay based on what you earn. As a PP said above, it may be that your personal allowance is used by employer A, and so the tax you owe gets paid by employer B, but the amount of tax you end up paying will be the same regardless of how it is divided between employers.

You can choose whether your tax allowance to allocated to just one job or divided between them.
When I had 2 part time jobs and neither one on its own took me above the tax allowance threshold I split my tax allowance between them. You need to contact Hmrc if you want to do this. Otherwise, from memory, tax free allowance will be allocated to just one job and you want get any tax free allowance on the second. If you don't use all of your tax free allowance on first job you will get a tax rebate around May for overpayment of tax on second job.

When I had private pension and a p/t job, my tax code was split, it was a bit random though. I don't know if my employer or pension company had anything to do with this but it did work out correctly, neither pay was over the tax allowance. OP maybe on emergency code for new job so may pay more to start with