I currently work part time (13 hours) £7.15 per hour and have been offered another job part time for 5 hours £6.20 per hour. How much take will I have to pay?
hursty15 Tue 07/10/08 19:31
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We're well into the current tax year (which started in April), so your total earnings for the year won't exceed your personal allowance of £6035. So, up until next April, you'll pay no tax.
From next April, if your pay rates remain the same and the Chancellor doesn't increase the personal allowance, you'd pay just £1.78 per week in tax. In practice, the personal allowance will almost certainly rise, so if your pay rate doesn't go up, you'll still pay no tax. (If your pay rate also rises, you might have to pay a pound or two in tax but the amount will still be very low).
Chris
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In practice he will pay tax, albeit it'll be reclaimable eventually.
You can't split personal allowances for PAYE. The higher earning job will get all of them, the lower earning one will get none of them and tax will be payable at a BR (Basic Rate) code of 20%.
So on job two he'd pay £6.20 per week tax on five hours work. It would however be reclaimable at year end.
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