Help me understand tax wrt 3 jobs

[confusedpixie]

I currently nanny part time for two families. One family will be paying me via nanny tax, I work two days a week for them. The other family employ me for one afternoon a week currently (will go up to two days by next march in half-day increments as MB's work load increases) and they will be paying me my net and sorting out the tax themselves and paying it quarterly.

There is a decently paid shift-work based job of 14 hours a week I could go for which will allow me to earn a bit extra to top me up until my second job reaches it's full hours but I am not sure how this will affect my tax? They'd pay by whatever PAYE method they use but will I get taxed substantially as it's a third job or is tax amount income based?

And also, would I be taxed normal rate for my second nannying position? I assume so and my employer is keeping back that amount for tax purposes... (It's £10 gross and she gives me £8 net which sounded right to us both?)

Bump

You need to use the PAYE tables. It's not just Tax but also NI.

For the job you earn the most in get them to use your tax code so you get a tax free allowance of £7500 ish a year.

The rest should use BR so you pay tax on everything.

Thank you :)

If you use up your tax free allowance of £7475 a year in your first two jobs then you will have no allowance left for the subsequent job and would therefore see more tax being taken, as an overall percentage.

However, I see multiple problems here unless your main job takes you over the threshold.

Each employer could use your allowance, which would mean you are underpaying tax and this would only be sorted out much later when all the returns for the year are aggregated. That would raise a potential tax demand.

I don't know Nanny Tax but if they are an umbrella company of sorts, then having the others pay through them as well may allow Nanny Tax to aggregate your income themselves and pay over the correct taxation, leaving you with nothing to worry about.

My main job (the 2 day a week one) will take me over the threshold (It's £80 gross a day so £160 gross a week) so I'll ask that the other jobs at coded at Basic Rate rather than the usual 747 tax code.

My second job will be switching to nannytax when I get up to two days but the third job is a warm calling centre so would have it's own method of pay.

Once you know what you are going to be paid and by who you need to speak to your tax office and get them to sort out your tax codes for all three so you pay roughly the right amount overall each month. With tax codes it's almost always an estimate if you have multiple jobs, and so you may be a bit under or over at the end of the year and the tax office can then sort it out for you.