2006-09-04 08:03:18 · 11 answers · asked by ankins 1 in Business & Finance ➔ Taxes ➔ United Kingdom
Yes - if you earn enough. National Insurance isn't like tax - whereas tax is based on the person (i.e. each individual has a tax allowance regardless of how many jobs they have), NI is calculated on the employment. You can have 3 jobs and therefore 3 NI allowances but one 1 tax allowance (this can be spread over the three jobs, or all on one - your main job - and BR tax (or in some cases 0T) deducted on the others).
So in answer to your question, yes you should pay NI on a second employment.
2006-09-04 08:12:53 · answer #1 · answered by adamsgi 2 · 0⤊ 1⤋
Yes u definitely do. U can earn up to £98 a week for not-contracted out standard rate contributions. If u become self-employed and employed u still have to pay NI on u're employment earnings plus Class 2/4 NI while u are self employed.
2006-09-04 08:20:01 · answer #2 · answered by Anonymous · 0⤊ 0⤋
basically u are taxed at the basic rate (BR) for having a second job.
If you have a second job you will be on a BR tax code as your first job will have used up your annual tax allowance for the year currently 503L...you will also pay NI contributions if your earnings are high enough in the second job too...which is usually unlikely if its only part time and below £96 per week.
2006-09-04 08:27:32 · answer #3 · answered by ~Lez~ 2 · 0⤊ 0⤋
Yes you do because i had a second job and i was paying National insurance and ridiculous amounts of tax for both
2006-09-08 03:09:25 · answer #4 · answered by rayd 2 · 0⤊ 0⤋
Depends on how much you earn. NI allowance is same as tax allowance, so as long as each job is below £5035 you dont pay natioanl insurance. however the opposite is for tax when your total pay from all jobs is over £5035 you pay tax.
2006-09-04 11:17:45 · answer #5 · answered by mattymalone 1 · 0⤊ 0⤋
Definitely but the class of NI contribution depends upon whether or not you are self-employed
2006-09-04 08:14:30 · answer #6 · answered by Frank M 3 · 0⤊ 0⤋
if it is employment, you automatically pay the NI.
If you mean self employment as a second job, then no, you can pay wat is liable at the end of the year.
after completeing your tax return
2006-09-05 02:12:46 · answer #7 · answered by Pat 4 · 0⤊ 0⤋
no but you must declare your earnings to the income tax.
2006-09-04 08:13:43 · answer #8 · answered by scallywag 3 · 0⤊ 0⤋
only if it is above the max threshold
2006-09-04 09:07:32 · answer #9 · answered by snarleye 2 · 0⤊ 0⤋
No you do not
2006-09-04 08:06:56 · answer #10 · answered by Anonymous · 0⤊ 0⤋