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2 part time jobs

6 replies

Bellamerlin02 · 03/08/2021 09:15

I have started as employed part time, earning less than 12000 gbp but also continue to work self employed part time also earning less than 12000 gbp which I have declared to hmrc for past 2 years.
How do I pay tax/declare for the 2 jobs?

OP posts:
Aprilx · 03/08/2021 15:35

Your employer will deduct tax for the employment and you will continue to do self assessment.

Bellamerlin02 · 03/08/2021 16:56

I earn ca 12000, so under the threshold so my employer didn't deduct tax (only been there for a month). I earn around 8-10000 self employed so also haven't been deducted tax for the last 2 years as was my only income until now. Do I tell my new employer they need to deduct it?

OP posts:
Aprilx · 03/08/2021 19:53

@Bellamerlin02

I earn ca 12000, so under the threshold so my employer didn't deduct tax (only been there for a month). I earn around 8-10000 self employed so also haven't been deducted tax for the last 2 years as was my only income until now. Do I tell my new employer they need to deduct it?
Ah ok, sorry I didn’t register the under £12k. The employer will deduct tax in line with the tax code that HMRC has issued. I assume you must have ticked statement A that this is your first employment in the tax year, which is accurate as your self employment is not employment. So they have presumably been issued a tax code that utilises the full personal allowance.

As such, you need to start to put aside money from your self employment for a later tax bill. When you come to complete self assessment you will fill in both the employment and self employment earnings and it will calculate what you owe.

user16395699 · 03/08/2021 21:45

On your self assessment tax return, you tell them you had £12k employment income no tax and £10k trade income. Then it calculates your tax and you pay it directly to HMRC.

user16395699 · 03/08/2021 21:46

Unless you mean that your "self-employed" income is also employment but one where your employer pretends not to be your employer to evade tax. In which case you have a problem.

RainbowMum11 · 04/08/2021 23:01

If as you're registered as self employed with HMRC then you pay the tax & NI on your self employed income by the deadline for the relevant tax year, but it will be based on your total income/profits so I would set aside a portion of your self employed income for your SA bill.

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